MADRID: Former World Cup-winning superstar Ronaldo Nazario has concluded his purchase of Spanish top-flight club Valladolid for €30m.
The deal sees the former Brazil, Barcelona and Real Madrid striker international become the promoted club’s majority owner, taking a 51pc and replacing Carlos Suarez who will remain on the club’s board after seeing his 66pc holding reduced.
Suarez said: “Ronaldo’s arrival puts Real Valladolid on the map and will allow the club to have a bit of quality.”
Ronaldo said: “We want to build the best team possible to compete and will be transparent in our management. Trust us to consolidate Real Valladolid in LaLiga and for us to be able to grow the enthusiasm that there is.
“Together, I’m convinced that it will be very difficult to beat us. I want everyone to help build this club and I invite the fans to take part in this project. Give us ideas, opinions, criticisms and hopes. I want you to be a part of the present and future of Real Valladolid.”
The puchase also end to months of negotiations over ownership of the club, which saw an agreement with Mexican businessman Ernesto Tinajero collapse after Suarez broke a signed pre-contract agreement.
A complex shareholder dispute between the ex-president and former partner in Ronaldo’s wine business, Jose Moro, and Jose Luis Losada – both Valladolid vice-presidents last season – complicated the entire operation.
Valladolid were promoted back up to LaLiga after a five-year absence for the 2018/19 season – drawing two of their three opening games, with a narrow loss to Barcelona in between.
The Brazilian had previously owned a stake in now defunct North American Soccer League (NASL) outfit Fort Lauderdale Strikers.
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