Ronaldo sold Cruzeiro, followed by Valladolid

Its majority stake Cruzeiro sold by Ronaldo. The Brazilian football legend sold his 90% to Pedro Lourenço for 109 million euros.

The “phenomenon” had undertaken to save from bankruptcy the team that promoted him by acquiring its shares in 2021, when it was competing in the second division. He spent 73 million euros to buy the shares and undertook to cover debts totaling 182 million euros, leading the team back to the big league. During his days, Cruzeiro returned to the top division and in 2023 finished in 14th place in the league.

“Maybe some Cruzeiro friends were hard on me, but I don’t care. I know that most of them are grateful to me because I brought the team back to the big league and the international scene. My goal has been achieved. I wanted to bring her back to the first category and at the right time sell her to the right person“, said the 47-year-old former great striker.

Ronaldo, at the press conference where the sale of Cruzeiro was formalized, announced that he would soon sell his shares in Valladolid51% of which he acquired six years ago.