Cristiano Ronaldo wants to invest in a Portuguese media group

Cristiano Ronaldo wants to invest in a Portuguese media group

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CR7 is not upset. Cofina Group general manager Luis Santana told AFP that Cristiano Ronaldo is considering entering the capital of the leading media group in Portugal, with which he has faced some disagreements in recent years. The five-fold Ballon d’Or could become the main shareholder with an estimated stake of €70 million, or 30% of the total according to economic information site Eco. It will be entered into the capital of the group under “Management Buy-Out (MBO)”, which is a takeover of the company by its managers which will be It will be presented soon to shareholders. Luis Santana explained. “Count on Cristiano Ronaldo […] As an investor it is naturally a great reason to be satisfied.”He told AFP.

tensions in the past

Ironically, the Portuguese superstar has been in conflict with the band’s media on several occasions during his career. In 2014, the Al-Nasr striker won a lawsuit against the Correio da Manha daily newspaper for breach of privacy and then boycotted journalists from CMTV in the Mixed Zone. In 2016, he threw a media reporter’s microphone into a lake. Seven years later, Ronaldo may not have forgotten these unfortunate episodes, but that wouldn’t stop him from investing in the group’s takeover. We said without resentment.

To summarize

CR7 is not upset. Cofina Group general manager Luis Santana told AFP that Cristiano Ronaldo is considering entering the capital of the leading media group in Portugal, with which he has faced some disagreements in recent years. The five-time Ballon d’Or could become the main shareholder with an estimated stake of 70 million euros.

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