The former Brazil striker, and World Cup winner Ronaldo has bought a 51% controlling stake of Real Valladolid, making him the majority shareholder of the Spanish club.
The 42-year-old terrific striker played for various clubs like PSV Eindhoven, Real Madrid, Inter Milan, AC Milan and Barcelona in his 18-year illustrious playing career and scored 62 times for Brazil, including both goals during the Brazil 2.0 win over Germany in the 2002 World Cup final.
According to the president of the new club Carlos Suarez:
“The arrival of Ronaldo puts Real Valladolid on the map and will allow the club to take a leap in quality.”
“I have gone through many stages in my training in football to prepare. Football is a passion. This new management will be defined by four words: competitiveness, transparency, revolution and social.” He went further during a news conference on Monday.
Valladolid are 16th in Spanish La Liga; although the season has just started, the club is yet to win a game this season.
It is left to be seen whether the popularity of Ronaldo, who won the Ballon d’Or award for the best player in the world in 1997 and 2002, will elevate Real Valladolid and put the club in the same prestigious class like Real Madrid, Barcelona FC, Atlético Madrid, Sevilla amongst others Spanish giants.