Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

From Real Madrid star to Spanish club owner

Ronaldo returns to Spain in executive capacity

admin by admin
February 26, 2026
in Development, Human Interest, Life Style, News, Sports
0
Cristiano Ronaldo

Cristiano Ronaldo

0
SHARES
14
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Cristiano Ronaldo has become co-owner of Spanish second division side Almeria after acquiring a 25% share in the club.

The 41-year-old Al-Nassr forward has bought his stake in Almeria, who are owned by a Saudi Arabian investment consortium led by Mohammed Al-Khereiji, through his recently formed CR7 Sports Investments company.

While the financial details have not been disclosed, Ronaldo said in a statement he was looking forward to working with the leadership team “to support the next phase of the club’s growth.”

The Portugal international added, “It has been a long-held ambition of mine to contribute to football, beyond the pitch.

“UD Almeria is a Spanish club with strong foundations and clear potential for growth.”

Messi and Ronaldo take their enduring rivalry to the record their sixth World Cup.

Also Read: Ronaldo at 40, not retiring yet

President Al-Khereiji said, “Ronaldo is regarded as the greatest to ever play the game; he knows the Spanish leagues very well, and he understands the potential of what we are building here both in terms of the team and the academy.”

Last year, Al-Khereiji’s SMC Group acquired Almeria from Turki Al-Sheikh, who is chairman of the General Entertainment Authority, a Saudi government department.

Ronaldo spent nine successful years in Spain playing for Real Madrid, winning La Liga twice and lifting the Champions League four times before joining Italian side Juventus in 2018.

He has played for Al-Nassr in the Saudi Pro League since 2022 and is the best-paid player in football history with an annual salary of £177m.

Almeria, founded in 1989, is third in Segunda, two points off leaders Real Racing with 15 games to go.

The investment is widely seen as a strategic move that aligns with the growing commercial and sporting ties between Saudi Arabia and European football. Ronaldo’s presence is expected to boost Almería’s global visibility, commercial appeal, and attractiveness to sponsors, particularly in emerging markets across the Middle East and Africa.

Sources close to the club indicate that, beyond capital injection, Ronaldo is expected to play an advisory role in sporting development, youth academy expansion, and international partnerships. His experience at elite clubs and understanding of high-performance structures could influence Almería’s long-term sporting blueprint.

With promotion to La Liga still within reach this season, Ronaldo’s entry into the ownership structure could provide renewed momentum as the club pushes for top-flight return. Stakeholders believe his global brand and competitive pedigree may serve as a psychological and commercial lift in the decisive stretch of the campaign.

The Nation

Tags: AlmeriaCristiano RonaldoReal MadridSpanish Club
Previous Post

NASS seeks take-off funds for new teaching hospitals

Next Post

Senators move against CAC boss over non-appearance

admin

admin

Next Post
Registrar-General of the Corporate Affairs Commission, CAC, Hussaini Magaji

Senators move against CAC boss over non-appearance

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Oyo State House of Assembly. Photo: Channels TV

Oyo lawmakers reject negotiation with bandits

June 4, 2026
The FIFA World Cup Trophy is displayed during the Los Angeles stop of The FIFA World Cup 26 Trophy Tour by Coca-Cola at LA Live in Los Angeles

FIFA outlaws reusable water bottles at World Cup

June 4, 2026
President Donald Trump

US House votes to limit Trump’s Iran war powers

June 4, 2026
Strait of Hormuz now danger zone, says Iran

US, Iran intensify belligerent actions despite peace talks

June 3, 2026

Recent News

Oyo State House of Assembly. Photo: Channels TV

Oyo lawmakers reject negotiation with bandits

June 4, 2026
The FIFA World Cup Trophy is displayed during the Los Angeles stop of The FIFA World Cup 26 Trophy Tour by Coca-Cola at LA Live in Los Angeles

FIFA outlaws reusable water bottles at World Cup

June 4, 2026
President Donald Trump

US House votes to limit Trump’s Iran war powers

June 4, 2026
Strait of Hormuz now danger zone, says Iran

US, Iran intensify belligerent actions despite peace talks

June 3, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Oyo State House of Assembly. Photo: Channels TV

Oyo lawmakers reject negotiation with bandits

June 4, 2026
The FIFA World Cup Trophy is displayed during the Los Angeles stop of The FIFA World Cup 26 Trophy Tour by Coca-Cola at LA Live in Los Angeles

FIFA outlaws reusable water bottles at World Cup

June 4, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.