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Cyber Reporters: Breaking News, Nigerian News, Latest News > Blog > Latest News > Ronaldo Becomes Co-owner of Spanish side Almeria
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Ronaldo Becomes Co-owner of Spanish side Almeria

Akinkunmi Durojaiye
Last updated: 2026/02/26 at 3:41 PM
Akinkunmi Durojaiye Published February 26, 2026
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Cristiano Ronaldo has become co-owner of Spanish second division side Almeria after acquiring a 25% share in the club.

The 41-year-old Al-Nassr forward has bought his stake in Almeria, who are owned by a Saudi Arabian investment consortium led by Mohammed Al-Khereiji, through his recently formed CR7 Sports Investments company.

While the financial details have not been disclosed, Ronaldo said in a statement he was looking forward to working with the leadership team “to support the next phase of the club’s growth”.

The Portugal international added: “It has been a long-held ambition of mine to contribute to football, beyond the pitch.

“UD Almeria is a Spanish club with strong foundations and clear growth potential.”

President Al-Khereiji said: “[Ronaldo] is regarded as the greatest to ever play the game, he knows the Spanish leagues very well, and he understands the potential of what we are building here both in terms of the team and the academy.”

Last year, Al-Khereiji’s SMC Group acquired Almeria from Turki Al-Sheikh, who is chairman of the General Entertainment Authority (GEA), a Saudi government department.

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TAGGED: Almería, Cristiano Ronaldo, President Al-Khereiji
Akinkunmi Durojaiye February 26, 2026 February 26, 2026
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