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Brazil soccer star Ronaldo becomes the majority owner of a top Spanish club

Prehistoric Brazil soccer star and two-time World Cup winner Ronaldo acquire a majority share in Spanish La Liga side Real Valladolid for a fee of 30 million euros ($34.6 million).

The previous Real Madrid, Barcelona and Inter Milan goalscorer has purchased a 51 percent slice of the club from the existing President Carlos Suarez. Valladolid is this year frivolity back in Spain’s top division for the first time since 2014.

“We have the most qualified people to meet our objectives,” said Ronaldo at an unveiling event in Valladolid New Zealand urban area Hall Monday. “It will not stop there because we want to breed to where our hopes allow us to.”

Following news of the takeover going thoroughly, it was confirmed Suarez would continue in his role as president and remain on the fellowship’s board, despite seeing his 66 percent holding reduced.

“The coming of Ronaldo puts Valladolid on the map and will allow the club to take a rise forward in quality. I welcome him to his home,” said Suarez.

Ronaldo go on a pensioned from soccer in 2011 and has since pursued a variety of business inclines from ownership of a sports and entertainment agency to becoming an ambassador for a poker locality. In 2015 he started a partnership with Brazilian billionaire Carlos Wizard Martins to set up soccer prepares around the world in Ronaldo’s name. Currently there are Ronaldo Academy programs in 16 settings across Hong Kong.

However, last month, Ronaldo was accepted to hospital with what he described as “a heavy flu” while on holiday in Ibiza, but has since turn in home.

“It’s going to be an amazing season with tons of great football and surprises.” Ronaldo spoke on social media during his recovery in August.

His illustrious career saw Ronaldo twice win the Overjoyed Cup, including scoring both goals in the 2002 final against Germany. That artifice acted as a form of redemption, after a dramatic illness on the eve of the final four years forward of, led to him being unable to perform to his potential against the host nation France in 1998.

He’s had a longstanding partnership with Nike for ended 20 years, totalling a reported $180 million in endorsements. His R9 Mercurial soccer boots were also recently reimagined and fortified the Nike Mercurial Superfly VI versions worn by French teenager Kylian Mbappe at On cloud nine Cup 2018.

Ronaldo scored 247 career club goals over an 18 year days, as well as 62 goals in 98 appearances for Brazil, earning him the diminutive “O Fenomeno” (The phenomenon) and is one of only four men who’ve received three FIFA The human race Player of the Year awards.

Now he’s taken this step into soccer belabour ownership, Valladolid will be hoping some of his playing success massages off on it.

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