HomeSportBrazilian Legend Ronaldo buys Majority Shares with Spanish Club Real Valladolid
Brazil World Cup winner Ronaldo has become the majority shareholder of Real Valladolid, after purchasing a 51% controlling stake in the Spanish club. The 42-year-old played for Real Madrid, Inter Milan, AC Milan and Barcelona in an 18-year playing career.
The former Brazil striker Ronaldo has become the majority stakeholder in Real Valladolid after buying 51% of the Spanish top-flight club from the president, Carlos Suárez.Valladolid are 16th in La Liga and yet to win a game this season. “The arrival of Ronaldo puts Real Valladolid on the map and will allow the club to take a leap in quality,” said president Carlos Suarez. Ronaldo scored 62 times for Brazil, including both goals when they beat Germany in the 2002 World Cup final
The former Barcelona and Real Madrid forward paid around €30m (£27m), according to Spanish media reports. Valladolid were promoted this season and Ronaldo said the aim was to keep the team in La Liga. Suárez will continue as club president. “The arrival of Ronaldo puts Valladolid on the map and will allow the club to take a leap forward in quality,” Suárez said. “I welcome him to his home.” Valladolid are back in the top division for the first time since 2013-14.