Ronaldo Nazario He has sold his majority stake in Cruzeiro, the club where he trained as a player, as the new owner announced on Monday. Pedro Lourenço.
Lourenço, owner of the Supermercados BH chain, confirmed the operation in statements to journalists at the club’s headquarters in Belo Horizonte, after several days of rumors about the negotiations.
The selling price
“I’m not buying a business, but a passion,” Lourenço said, expecting the signing of Ronaldo to be made official this Monday afternoon, Brazil time.
According to local press, the cost of the operation was set at 600 million reais (about 117 million dollars or 109 million euros) in exchange for 90% of the club’s shares held by the former Brazilian national team.
Salvador del Cruzeiro
Ronaldo bought Cruzeiro in December 2021, at the time the historic Belo Horizonte club was in the second division and immersed in a judicial recovery process, to avoid bankruptcy due to its debts.
At that time, Ronaldo, who is also the current owner of Real Valladolid, paid 400 million reais (now 78 million dollars) and assumed the debts incurred by the club, which reached 1,000 million reais (about 195 million dollars ).
During his rule Cruzeiro returned to the first division and finished 2023 in fourteenth position in the Brazilian championship standings. After the first four rounds of the current season, they are in seventh place, two points behind leaders Botafogo.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
