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Cristiano Ronaldo Buys a Spanish Soccer Team, but Which One?
- This week, Cristiano Ronaldo purchased a 25 percent stake in UD Almería and said he will work with the club's leadership `to support the next phase of the club's growth`.
- Motivated by a long-held ambition, Ronaldo said he wants to contribute beyond the pitch after spending nine seasons at Real Madrid and becoming football's first billionaire with $1.4 billion.
- Using his newly formed CR7 Sports Investments, Ronaldo completed the purchase through this arm of CR7 SA, with financial terms not disclosed.
- With Almería third in the Segunda Division, the club president Mohammed Al-Khereiji welcomed the investment, saying Ronaldo understands Spanish football and the project’s scale at first-team and academy level.
- The move comes while the club sits inside a Saudi-backed ecosystem, including SMC Group, majority Saudi owner of UD Almería, which took control last year from Turki Al-Sheikh, chairman of Saudi Arabia's General Entertainment Authority.
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13 Articles
13 Articles
Portuguese star Cristiano Ronaldo has bought a 25% stake in Spanish club Almeria.
Portuguese superstar Cristiano Ronaldo has bought a 25% stake in Almeria, a club in the Spanish second division.
Coverage Details
Total News Sources13
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
Factuality
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