Connect with us

Hi, what are you looking for?

Features

Brazilian Ronaldo close to buying Spanish club: newspaper

Ronaldo scored two goals against Germany in the 2002 World Cup final. Now he is poised to go into club ownership. © AFP / DAMIEN MEYER

MADRID, Spain, Sep 1 – World Cup winner Ronaldo has reached a deal to buy 51 per cent of La Liga club Valladolid a regional daily reported on Saturday, citing “sources close to the operation.”

El Norte de Castilla, which is based in Valladolid said Ronaldo was paying 30 million euros ($34.8 million) and would complete the deal next week.

“The Brazilian star reached an agreement with Carlos Suarez, owner of more than 60 per cent of the shares of the company, on Thursday evening,” the newspaper wrote.

Ronaldo’s press secretary, David Espinar, told AFP by email that he was not prepared to comment on the story.

The Spanish media have been reporting the former Real Madrid and Barcelona striker’s interest in Valladolid round the time the club won promotion back to the Spanish first division in May.

The newspaper said Ronaldo was attracted by the way the club is being run and that the takeover would not “lead to great changes in the club structure” and that Suarez, who has run the club for 17 years, would continue as president and Sergio Gonzalez would remain head coach.

“Ronaldo does not want to be the visible head and prefers to stay in the background,” the newspaper wrote.

The report said the two sides had tried to negotiate as discretely as possible to avoid having an impact on the club’s dealings in the summer transfer window, which closed on Friday.

Ronaldo, who is 41, was the tournament’s top scorer as Brazil won the World Cup in 2002 and was also part of the winning squad in 1994. His long list of individual honours include winning the FIFA player of the year three times and the Ballon D’Or twice. “Il Fenomeno” retired in 2011.

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

More on Capital Sports

Football

NAIROBI, Kenya, May 25 – There is light at the end of the tunnel. After failed promises over the last three years since its...

Athletics

NAIROBI, Kenya, June 8 – Olympic Champion Caster Semenya and wife Violet Raseboya have hinted that they might be expecting a baby in a...

NFL

NAIROBI, Kenya, Aug 13 – Kenya’s history making Daniel Adongo, the first Kenyan to play in America’s National Football League (NFL), is now living...

Athletics

NAIROBI, Kenya, Oct 15 – Daniel Wanjiru, the 2017 London Marathon champion has been slapped with a four-year ban by the World Athletics Disciplinary...

© 2020 Capital Digital Media. Capital Group Limited. All Rights Reserved