Ronaldo Nazzario buys Cruzeiro, the club where he rose to fame.
Ronaldo Nazzario is now the owner of Cruzeiro, the team where he made his name before moving to Europe.
He is also the owner of the Spanish side Real Valladolid.
Sources
Ronaldo and Sergio Santos Rodriguez (the president of the Brazilian team) confirmed the agreement.
Source
The deal to takeover the club was signed this Saturday in Sao Paulo.
Ronaldo's major aim is to take the club back to top flight of Brazilian football, having been relegated in 2019.
He assured all supporters of Cruzeiro that he has a lot to contribute to take it back to top flight Brazilian football.
Ronaldo will pay four hundred million reais (about sixty million euros).
He is from Rio de Janeiro, joined Cruzeiro, in Belo Horizonte, and made his professional debut in 1993 aged 16.
Cruzeiro is now the second team owned by the former Real Madrid striker alongside Real Valladolid, who play in LaLiga Smartbank following relegation from LaLiga Santander in 2021.