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Ronaldo takes over Spanish club
Published on: Tuesday, September 04, 2018

MADRID: Former Brazil great Ronaldo took over Monday as the majority stakeholder in recently promoted Spanish club Valladolid, saying he is bringing his soccer expertise to help the team succeed.

Ronaldo now owns 51 percent of the shares of the club. He will preside over the board of directors while Carlos Suarez will remain club president, a job he held before Ronaldo's arrival.

"I'm really excited," Ronaldo said at Valladolid's city hall. "My entire life has been about football and this is another great challenge for me, a very big one."

The former Brazil striker said "transparency" and "competitiveness" will be part of the basis of his management. – AP

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