Ronaldo to become leading shareholder in LaLiga club

The former Real Madrid and Barça striker has invested 30 million euro but current owner Carlos Suárez is set to remain as executive president.

Ronaldo to become leading shareholder in LaLiga club
Vanderlei Almeida AFP

Cadena Ser's late night El Larguero show reports that Ronaldo Nazario is poised to become the maximum shareholder in newly promoted LaLiga side Real Valladolid. The deal is expected to be officially confirmed  in the next two to three weeks with the former Brazilian international buying club shares to the tune of 30 million euro.

The arrival of the current Real Madrid club ambassador's money into the club accounts will wipe out the existing debt which totalled 25 million euro.

El Larguero reported that Ronaldo is set to be club president but the current incumbent Carlos Suárez will be given the role of executive president and will oversee the club's affairs on a day to day basis.

LaLiga Santander

Table PTS W D L
13Villarreal 1 0 1 1
14Valladolid 1 0 1 1
15Valencia 1 0 1 1
Full standing
Next matches
Getafe - Valladolid V-31/08 20:00
Valladolid - Alavés D-16/09 18:30
Celta - Valladolid S-22/09 16:15

*Update 27 de agosto de 2018