By Owolabi Abiola/First Zeal Media
Ronaldo buying Real Valladolid
Spanish radio station Cadena Ser broke the news on Monday night.
According to the Spanish outlet, Brazilian superstar Ronaldo is closing in on buying Real Valladolid.
Cadena Ser have reported that Ronaldo is set to buy that La Liga club for 30 million euros.
Valladolid are currently owned Carlos Suarez, who acts as the club’s president. Valladolid are reportedly in debt to the tune of 25 million euros.
If Ronaldo completes the takeover, Cadena Ser say the Brazilian will become the new Valladolid president.
Carlos Suarez is tipped to remain at the Spanish club. He’ll become an executive president in charge of the day-to-day running of the club.
It’s worth noting that Ronaldo previously owned a stake in American side Fort Lauderdale Strikers before their dissolution in 2016.
Cadena Ser believe the deal could be wrapped up in the next two to three weeks.
Ronaldo faces competition
The end of Cadena Ser’s report issues a warning to Ronaldo.
It’s announced that there are other interested parties looking at Real Valladolid.
Moreover, these other interests would reportedly offer more money to take over the Spanish club.
Nevertheless, Ronaldo is thought to be preferred buyer right now from Real Valladolid’s perspective.
Real Valladolid are back in La Liga
After four years outside the top flight, Real Valladolid have returned to la Liga this season.
It’s been a tough start to the campaign for Valladolid. They have one point on the board after two matches.
Valladolid drew with Girona in week one, while they lost 1-0 to Barcelona last weekend.
Valladolid are away at Getafe on Friday night in round three