Exclusive Content:

The No-Compromise Gaming PC Build under ₹30,000 in 2023

In search of a powerful yet efficient and budget-friendly...

Ronaldo buys his former club Cruzeiro ahead of Liverpool owners’ FSG

Brazilian club Cruzeiro became the first club in the country to become a corporate entity from a non-profit one. Recently, the Brazilian Congress sanctioned a law that will allow football clubs, historically fan-owned and closed off to outside investors, to become businesses.

Former Brazil World Cup winning player Ronaldo has bought Cruzeiro, who now plays in the second division. Cruzeiro along with Sao Paulo, Flamengo and Santos were one of four Brazilian clubs never to be relegated from the top-flight until December 2019 when they were relegated to the second division.

According to media reports in South America, English club Liverpool’s owners’ FSG had also made an offer to buy the club. But they were beaten by Ronaldo who bought his former club. He played there during the 1993-94 season.

- Advertisement -MostBet
ronaldo cruzeiro
via Planet Football

Ronaldo buys his former club Cruzeiro ahead of Liverpool owners’ FSG

Ronaldo declared: “I am so happy to have completed this deal.“

“I have a lot to give back to Cruzeiro and I want to take the club back to where they deserve to be.”

“We have a lot of work ahead of us.”

“I ask the fans to reconnect to the club, go to the stadium, because we are going to need a lot of strength and unity.”

“We have a lot of work and ambition to make Cruzeiro great again. We have nothing to celebrate yet, but we have a lot of ambition.”

Ronaldo also owns the Spanish second division club, Real Valladolid. He bought 51 per cent of the shares in 2018 for £25million. He has now two clubs under his portfolio.

Read: Top 5 football controversies of 2021


AMD Ensures Long-Term Support for Spartan 6 Product Line Until 2030

In response to the continued demand from customers in...

Moto G Stylus 5G Launched in the US Market with a 120Hz display and More

Motorola has recently launched the Moto G Stylus 5G...

Top 5 batsman with the most sixes in IPL history

Top 5 batsman with the most sixes in IPL...

Fast X OTT Release Date, Plot, Cast, Expectation, and More in 2023

Get Updates on Fast X OTT Release Date, Plot,...

Don't miss

The Sleep Company [CPS] IN


Rahul Roy
Rahul Roy
I am a computer guy by profession and a sports fanatic by choice.

Top 5 batsman with the most sixes in IPL history

Top 5 batsman with the most sixes in IPL history: T20 cricket has traditionally favoured batsmen, with fans enjoying seeing the ball sail over...

Argentina World Cup winning goalkeeper Emiliano Martinez will visit Kolkata on 4th July

Lionel Messi lifted the World Cup for Argentina in probably his last World Cup. The whole world celebrated with the little magician as he...

FC Barcelona: A New Era – Official trailer released; Streaming on Amazon Prime Video

FC Barcelona's documentary "FC Barcelona: A New Era" is all set to release on Amazon Prime Video. Nowadays, football documentaries have become mainstream content...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.