Cristiano Ronaldo buys stake in Saudi-owned second-tier Spanish club

Cristiano Ronaldo has purchased a stake in Spanish second-division club Almeria, a consulting firm representing the Portuguese soccer star said on Thursday.

26 Feb, 09:12 — 26 Feb, 10:01

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Why this matters

This story matters because it highlights Cristiano Ronaldo's expanding business ventures beyond his playing career, particularly his investment in a Spanish club that is already Saudi-owned. It further intertwines his personal brand with Saudi Arabia's growing influence in global football, following his high-profile move to Al Nassr. This move could be seen as part of a broader strategy by Saudi entities to expand their footprint in European sports through strategic investments.

ℹOnly 2 sources cover this story

Key entities

Cristiano RonaldoPortuguese soccer star, investor AlmeriaSecond-division Spanish football club Brunswick GroupConsulting firm representing Ronaldo Saudi ArabiaCountry whose entities own the Spanish club

Coverage Timeline

First report: Yahoo · 26 Feb, 09:12|Full coverage: All 2 sources within 49m|Window: 49m

Yahoo26 Feb, 09:12First to report