No financial details of deal with Saudi-owned club

Portuguese player already owns share in Al-Nassr

Cristiano Ronaldo announced on Thursday that he had acquired a 25% stake in Saudi-owned Spanish second division club Almería.

“This strategic investment in UD Almería reflects Ronaldo’s long-term commitment to professional football ownership,” read a statement from his new sports holding company, CR7 Sports Investments, which gave no financial details of the deal.

“It has been a long-time ambition of mine to contribute to football,” the statement quoted Ronaldo as saying. “I look forward to working alongside the leadership team to support the club’s next phase of growth.”