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    Legend Ronaldo buys boyhood soccer membership Cruzeiro for Rs 532 crore


    Ronaldo purchased Cruzeiro this weekend however the World Cup winner has appealed to followers of the Brazilian membership that gave him his begin as a participant to not deal with him like a superhero however as a dedicated administrator who might help the struggling staff.

    A 16-year-old Ronaldo made his skilled debut with Cruzeiro in 1993 earlier than occurring to turn into one of many best centre forwards in footballing historical past. Now a assured businessman with pursuits in soccer and sports activities advertising, the previous Actual Madrid participant paid 400 million reais ($70 million, Rs 532 crore) on Saturday (December 18) for a controlling stake within the Belo Horizonte membership.

    Cruzeiro are one in all Brazil’s largest groups however have been caught within the second division for 2 years and face a 3rd season in Serie B in 2022. They’re additionally deep in debt however Ronaldo asked fans who celebrated his buy to be affected person.

    “It is time to return,” he wrote on Instagram. “It is my flip to attempt to open doorways for the staff. Not as a hero. Not with superpowers to single-handedly change actuality. However with immense duty. With clever and sustainable administration for medium- and long-term progress.”

    “I haven’t got all of the solutions to the questions that I ask myself and I presumably will not have all of the solutions to the questions that you’ll ask me,” he wrote in an open letter to followers.
    “What I do know is that the child who learnt at Cruzeiro that desires can come true at present makes me consider that it’s attainable to rescue the membership from its disaster.”

    It’s the second foray into administration for Brazil’s former PSV Eindhoven, Inter Milan, AC Milan, Barcelona and Corinthians striker. Ronaldo purchased a 51% stake in Spanish membership Actual Valladolid in 2018.

    The Cruzeiro deal got here simply months after the Brazilian Congress sanctioned a legislation that permits its soccer golf equipment, traditionally fan-owned and closed off to outdoors buyers, to turn into companies.

    Ronaldo pitched the transaction as the primary of many he and his advisors say may rework soccer within the South American nation. “We’re beginning a brand new chapter within the historical past of the membership,” he mentioned. “I’m coming again as a result of I consider Cruzeiro can come again. I am returning to be a part of the change in Brazilian soccer.”

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