Legendary Brazil former striker Ronaldo has taken control of Real Valladolid after buying 51 percent of the La Liga club´s shares, it was announced on Monday.
Despite now owning a majority of the club, Ronaldo has agreed that president Carlos Suarez will remain in his position, while the World Cup winner will take on the role of president of the board of directors.
At a press conference held in the city´s town hall, Valladolid president Carlos Suarez said:
“Today is a starting point. Ronaldo personally acquires 51 percent of the shares of Real Valladolid.”
“He is an idol that loves and spreads a dream.”