Cristiano Ronaldo’s business portfolio continues to grow with his acquisition of significant shares in Spanish football club UD Almeria being the latest business related move by the Portuguese superstar.
Ronaldo acquired 25% of the Spanish club’s shares with the purchase announced via a club statement released on Thursday, February 26.
UD Almeria rank third in the Spanish La Liga 2 and trail league leaders Racing Santander (50 points) by two points.
The Al-Nassr striker is the world’s highest paid athlete with an annual reported salary of 200 million Euros. The former Manchester United and Real Madrid player also own a hotel chain and believes purchasing shares in Almeria is the right move.
Cristiano Ronaldo of Al Nassr celebrates after scoring goal (Photo by Al Nassr FC/Al Nassr FC via Getty Images)
“For a long time, my ambition has been to contribute to football beyond the pitch. UD Almería has a solid foundation and clear growth potential. I’m eager to work with the board to support the club’s next phase” Ronaldo stated.
Cristiano Ronaldo of Al Nassr (Photo by Al Nassr FC/Al Nassr FC via Getty Images)
“Cristiano Ronaldo has acquired 25% of UD Almería’s shares via CR7 Sports Investments (a CR7 S.A. subsidiary). This marks a key step in the club’s ongoing growth and the Portuguese businessman’s investment portfolio” a section of the club’s statement read.
