Cr7 sports

The Al Nassr: Portugal star Cristiano Ronaldo has made a big investment in the Spanish Football. He has purchased a 25 per cent stake in the second-tier club UD Almeria, which is currently owned by Saudi Arabian investors. The Al Nassr forward has acquired the stake through the subsidiary CR7 Sports, and the investment comes as part of the club ownership consortium led by SMC Group.

Ronaldo explained the reason behind the interest in the club in a statement released by UD Almeria after the purchase.

"It has been a long-held ambition of mine to contribute to football, beyond just on the pitch. 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 next phase of the club's growth," The Portugal star said.