Categories: Sports

Cristiano Ronaldo becomes co-owner of Almeria

Portuguese star Cristiano Ronaldo has become a co-owner of Spanish second division side Almeria by acquiring a 25% share in the club.

Ronaldo, 41, bought his stake in Almeria, who are owned by a Saudi Arabian investment consortium led by Mohammed Al-Khereiji, through his recently formed CR7 Sports Investments company.

While the financial details have not been disclosed, the Al-Nassr forward said in a statement he was looking forward to working with the leadership team “to support the next phase of the club’s growth”.

Ronaldo added: “It has been a long-held ambition of mine to contribute to football, beyond the pitch.

“UD Almeria is a Spanish club with strong foundations and clear potential for growth.”

President Al-Khereiji said: “Ronaldo 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.

EPL fixtures: Arsenal face Chelsea title test as Fulham host Tottenham

In 2025, Al-Khereiji’s SMC Group acquired Almeria from Turki Al-Sheikh, who is chairman of the General Entertainment Authority (GEA), a Saudi government department.

Ronaldo spent nine successful years in Spain playing for Real Madrid, winning LaLiga twice and lifting the Champions League four times before joining Italian side Juventus in 2018.

He has played for Al-Nassr in the Saudi Pro League since 2022 and is the best-paid player in football history with an annual salary of £177 million.

Almeria founded in 1989 are third in Segunda, two points off leaders Real Racing with 15 games to go.

The Star

Segun Ojo

Recent Posts

US penalises Nigeria with 12.5% import levy

The United States has imposed a 12.5 per cent tariff on imports from Nigeria under…

1 hour ago

220,000 youths apply for FG’s Power Force metering programme

More than 220,000 young Nigerians have applied for the Federal Government's Power Force training programme,…

1 hour ago

NSIB investigates Enugu Air landing scare

Flight operations at Benin Airport in Edo State were disrupted on Thursday after an Enugu…

2 hours ago

Employers oppose pension contribution hike, warn of job losses

The Organised Private Sector of Nigeria (OPSN) has opposed the Federal Government's proposed increase in…

2 hours ago

Oil prices rise above $100 as supply concerns deepen over Middle East war

Oil prices rose above $100 per barrel on Friday while heading for their fourth week…

2 hours ago

Stock market recoups losses as investors gain N1.5trn

Trading activities on the Nigerian stock market rebounded on Thursday, July 23, 2026, ending its…

2 hours ago

This website uses cookies.