Wednesday , September 22 2021

Brazil legend Ronaldo acquires majority stake in LaLiga side Real Valladolid!

Brazil’s legendary striker Ronaldo Luís Nazário da Lima, who turns 42 later this month, has acquired the majority stake at Spanish LaLiga side Real Valladolid.

Ronaldo bets known as O Fenómeno and who has played in Europe for sides like PSV Eindhoven, FC Barcelona, Inter Milan and Real Madrid has bought 51% of the shares of the Blanquivioleta entity from Carlos Suárez Sureda, who retains a minority shareholding package at the club.

After a very successful playing career, Ronaldo by buying into Valladolid is making his first steps into club ownership and management, where he will bring his knowledge of the game into the club.

Carlos Suárez will continue to head the day to day management of the Club. The former key stakeholder of the club will leave the leadership of the Board of Directors, which he held since he arrived at the Estadio José Zorrilla on May 5, 2001 to take over the Club when he was in one of the biggest institutional crisis. Since then, more than 17 years have passed, an absolute record of a president of Real Valladolid in its 90-year history. Carlos Suárez was the largest shareholder since July 4, 2011.

The shareholders will be informed in detail of the new shareholding situation of Real Valladolid at the Extraordinary General Shareholders’ Meeting convened at the José Zorrilla Stadium for this Friday, September 7, at 12 noon. From this Board will emerge the new Board of Directors that, with Ronaldo as the new president, will embark on a new and exciting stage in the history of Real Valladolid.

About Arunava Chaudhuri

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