Urgent.News

What's breaking now, across thousands of outlets.

Culture

Cristiano Ronaldo expands his portfolio with another major investment

Cristiano Ronaldo, the football legend, has remained focused on expanding his investment portfolio after adding a Spanish club to it.

Cristiano Ronaldo expands his portfolio with another major investment

Cristiano Ronaldo, the seasoned football star, has recently expanded his portfolio by acquiring a 25% stake in Spanish second division club UD Almeria. This strategic investment, made through his venture, CR7 Sports Investments, is expected to contribute to Ronaldo's long-term growth plans in football beyond his playing career.

UD Almería's coach, Juan Francesc Ferrer Rubi, expressed his delight at Ronaldo joining the club as a stakeholder. He stated, "From our perspective, we're very happy... It's great news because someone like him, with his extensive knowledge of sport and football, can really help a club like ours." The coach was confident that Ronaldo's involvement would positively impact the club, the city, and the province.

Forbes estimates Ronaldo's private investment portfolio and brand equity to be worth between $850 million and $900 million, contributing to his overall estimated net worth of $1.4 billion. Despite his success on the field, Ronaldo appears to be becoming more strategic with his wealth, as he approaches retirement.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at timesofindia.indiatimes.com →

More in Culture

Chris Simms Issues Apology for Insensitive Comments on Dante Moore Injury

After getting ripped on social media for blaming Oregon QB Dante Moore for his brutal head injury, NBC's Chris Simms apologized.

  • Chris Simms apologized for insensitive comments on Dante Moore's injury.
  • Simms blamed Moore for violent hit, showing lack of empathy.
  • Apology expressed regret and acknowledged mistake in handling situation.

More from Monday 28 September →