Cristiano Ronaldo becomes co-owner of Spanish club UD Almeria

Superstar footballer, Cristiano Ronaldo, is now a co-owner of UD Almeria.

The 41-year-old Portuguese forward has bought 25 PER cent share in a Spanish second division club backed by the Saudis.

On Thursday morning, it was announced that Ronaldo has bought a 25 per cent share in the club and will be held under CR7 Sports Investments, a newly established subsidiary of his.

‘It has been a longtime ambition of mine to contribute to football, beyond the pitch,’ the Al-Nassr and Portugal captain, who is now an active player and co-owner, said in a statement.

‘UD Almeria is a Spanish club with strong foundations and clear potential for growth. I look forward to working alongside the leadership team to support the club’s next phase of growth.’

His involvement also comes a year after the Spanish second division side were taken over by a Saudi investment group.

Al Khereiji, who is UD Almeria club president, said: ‘We are very pleased that Cristiano has chosen our club to invest in.

‘He is regarded as the greatest to ever play the game, he knows the Spanish leagues very well, and he understands the potential of what we are building here both in terms of the team and the academy.’