Ronaldo will be president and largest shareholder of the Spanish club, says the newspaper



According to a local radio and the daily AS, Phenomenon will pay 30 million euros to take Valladolid

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by Agency Football Indoor

Campinas, SP, 27 (AFI) – After his retirement as a player, Ronaldo Phenomenon follows plenty with his career as an entrepreneur. The former player becomes the president and the largest shareholder of the Valladolid, from Spain, in negotiation that should soon be official.

The information was confirmed by the local radio station La Cadena Ser and by the newspaper Diário AS. Ronaldo will pay 30 million euros to buy the rights of the club. According to vehicles, the official announcement is expected to take place within the next three weeks.

Currently the Spanish club has an annual debt of 25 million euros, which will be paid with the investment of the Brazilian. Despite assuming the top position of the club, Ronaldo Fenomeno will hold Carlos Suárez as the chief executive of the team.


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