Brazil great Ronaldo sells majority stake in Valladolid / Photo: CESAR MANSO - AFP/File
-
More than 1,000 drones detected since start of World Cup: FBI
-
Tuchel defensive headache as England ready for DR Congo clash
-
Extreme heat warning issued for World Cup host Kansas City
-
US reopens Venezuela port as quake deaths top 1,700
-
Bloodied but unbowed: Sinner, Djokovic survive Wimbledon scares
-
Coach says Japan getting closer to World Cup glory despite defeat
-
Djokovic battles past Wu in 'challenging' Wimbledon first round
-
NBA Grizzlies deal Morant to Portland: report
-
World Bank drops climate finance targets in renewed action plan
-
Sweden ready for 'game of our lives' in France World Cup clash
-
Ancelotti says never doubted 'suffering' Brazil would score
-
MLS Chicago Fire announce signing of Poland's Lewandowski
-
Venezuela's quake-hit La Guaira port 'operational': US military
-
Tech rebound lifts Dow to record, yen hits 40-year low against dollar
-
Martinelli late show as Brazil down Japan to reach World Cup last 16
-
US Supreme Court rules on dragnet searches of cellphone location data
-
Madueke says he can be England's World Cup game-changer
-
South Korea fans target coach Hong with boos as World Cup squad returns
-
Switzerland returns famed Benin Bronzes to Nigeria
-
Vaughan calls for England change after Stokes bows out with defeat
-
Last-gasp Brazil down Japan to reach World Cup 16
-
Europe's deadly heatwave scorches east, Slovakia hits record
-
Spain confident despite World Cup injury setbacks, says Llorente
-
French Open champ Andreeva sails into Wimbledon second round
-
Martinelli scores in 95th minute to send Brazil into World Cup last 16
-
Shooter in custody dispute kills six at German family shelter
-
US races to reopen Venezuela port as quake deaths top 1,700
-
Sinner survives scare and fall to reach Wimbledon second round
-
Latham hails 'old school' New Zealand after downing England
-
Serena set for much-anticipated Wimbledon return
-
US races to reopen Venezuela port for aid after twin quakes
-
Ex-NBA stars Malik Beasley, Ed Davis indicted in betting case
-
Paris funeral homes overwhelmed after record heatwave
-
EU, China bet on talks to avoid trade war
-
France wary of Sweden side with 'nothing to lose' at World Cup
-
Pyjamas and bets: Brazil YouTube channel reshapes World Cup viewing
-
Bloodied but unbowed: Sinner avoids shock exit at start of Wimbledon title defence
-
Queueing, strawberries and all white: it must be Wimbledon
-
Top US court upholds $5mn Trump sex assault judgment
-
Stokes backs Brook '100 percent' to succeed him as England Test captain
-
Sinner survives scare to reach Wimbledon second round
-
Ebola outbreak in DR Congo spreads to fourth province
-
Six killed in German 'family tragedy' shooting: police
-
Czech Republic coach Koubek quits after World Cup flop
-
Osaka makes spectacular Wimbledon arrival in kimono-inspired dress
-
French parliament adopts bill to regulate fast fashion
-
Bolivia removes 15-year dollar peg in bid to revive economy
-
Supreme Court boosts Trump's power to fire officials, but protects Fed
-
Russia jails veteran who threatened Putin with mutiny
-
Three things we learned from the Austrian F1 Grand Prix
Brazil great Ronaldo sells majority stake in Valladolid
Real Valladolid said Friday Brazil great Ronaldo is selling his stake in the Spanish club to a North American investment company.
"The chairman of the board of directors and majority shareholder of Real Valladolid, Ronaldo Luis Nazario de Lima, announces a deal has been signed for the transfer of a majority stake in the club to a North American investment group with the financial backing of a European fund," said Valladolid in a statement.
The club, relegated from La Liga after a dismal campaign, said more details will be made available in the near future and that the deal is subject to approval from the Spanish sports council.
Fans had protested heavily against Ronaldo in recent weeks, begging for him to "go home", with the team losing 29 of 37 league matches played this season.
In September 2018 Ronaldo, who won the World Cup with Brazil in 1994 and 2002 as a player, bought a 51 percent stake in Valladolid.
Ronaldo tried to modernise the club badge in 2022 but in 2024 reverted it back following widespread opposition.
Valladolid were relegated to the second division in 2021, but bounced straight back, before the same thing happened again in 2023, with the club returning to the top tier for their disastrous 2024-25 campaign.
T.Wright--AT
