Cristiano Ronaldo buys a 25 PER CENT share in Spanish second division side backed by the Saudis as £1bn footballer dips his toe into club ownership after claiming he could 'fix' Man United

 

Cristiano Ronaldo has dipped his toe into football club ownership after purchasing a 25 per cent stake in a Spanish second division side.

The 41-year-old, who was named a billionaire by Forbes last year, has offered a glimpse into what his life will look like when he retires from the game after becoming a co-owner of UD Almeria.

On Thursday morning it was announced that Ronaldo has bought a 25 per cent share in the club through his CR7 Sports Investments company.

'It has been a longtime ambition of mine to contribute to football, beyond the pitch,' the Al-Nassr and Portugal captain 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.'

The purchase figure hasn't been disclosed but marks Ronaldo's return to Spanish football after nine trophy-laden seasons at Real Madrid before he left for Juventus in the summer of 2018.