Sports
Cristiano Ronaldo acquires 25% stake in Spanish club Almería
Portuguese football star Cristiano Ronaldo has become a co-owner of Spanish second-division club UD Almería after acquiring a 25 per cent stake through his CR7 Sports Investments company.
The 41-year-old forward, who currently plays for Al-Nassr FC, said the investment reflects his long-standing ambition to contribute to football beyond his playing career.
Almería, currently third in Spain’s Segunda División and just two points behind leaders Real Racing Club de Santander, remains under the ownership of a Saudi Arabian consortium led by Mohammed Al-Khereiji. Ronaldo said he looks forward to working with the club’s leadership to support its next phase of development.
According to Ronaldo, the club possesses strong foundations and significant growth potential, making it an attractive long-term investment.
Al-Khereiji welcomed the Portuguese star’s involvement, noting that Ronaldo’s experience in Spanish football would be valuable to the club’s sporting and developmental ambitions.
The club was acquired last year by Al-Khereiji’s SMC Group from Turki Al-Sheikh, chairman of the Saudi General Entertainment Authority.
Ronaldo previously spent nine successful years with Real Madrid CF, where he scored 450 goals in 438 appearances, won two La Liga titles and lifted the UEFA Champions League trophy four times before joining Juventus in 2018.
Since moving to Saudi Arabia in 2022, Ronaldo has become one of the highest-paid players in football history, with his investment in Almería marking a major step into football club ownership while he continues his professional career.
-
National News2 days agoTinubu appoints Ayo Fayose REA chairman, names 25 others into boards of federal agencies
-
NUJ FCT2 days agoHistoric win for Women as NUJ FCT congratulates NBA President-elect, Oyinkansola Badejo-Okusanya, SAN
-
FCT News2 days agoFCT Police Bust Kidnap supply ring, rescue hostage, arrest multiple armed robbery, car-theft suspects
-
News2 days agoOtti to sponsor Abia student who scored 367 in 2026 UTME, ranked fifth nationwide
-
News22 hours agoGov. Bago launches 500-unit housing estate in Kontagora, names layout after Sarkin Sudan
-
News2 days agoFour police officers face disciplinary action after allegedly extorting ICPC chairman in Abuja
-
Metro2 days ago23 rescued, 8 dead as boat carrying 40 passengers capsizes in Jigawa
-
News2 days agoPFIPC scandal: Gbajabiamila appears before ICPC over alleged fake presidential agency






