Football. Brazil: ‘mission accomplished’ for Ronaldo selling Cruzeiro club

Former Ballon d’Or and Brazil international Ronaldo announced on Monday the sale of his club Cruzeiro, one of the most prestigious teams in Brazil, which he became owner of two years ago when they were languishing in the second division.

“My mission is accomplished. My idea has always been to rebuild Cruzeiro, return it to where it belongs and, when the time comes, hand it over to the right person,” said the 2002 world champion at a press conference at the club’s headquarters in Belo Horizonte (. southeast).

At his side is the new owner Pedro Lourenço, a millionaire at the head of one of the main supermarket chains in the country, Supermercados BH.

The sale is estimated at 110 million euros

No details of the new stake were disclosed, but local media reported that the new owner should, like its predecessor, own 90% of the shares for an amount estimated at 600 million reais (€110 million).

In December 2021, ” El Fenomeno » acquired 90% of the shares of Cruzeiro, the club where he began his career in 1993, for a sum of approximately 400 million reais.

The Belo Horizonte team, four-time Brazilian champions and two-time Copa Libertadores winners, have faced a financial and governmental crisis that led to their relegation to the second division in 2019.

Collection and debt has been cut in half

Cruzeiro immediately returned to the elite under Ronaldo, who cut the club’s debt in half, the current 7E (out of 20) of the Brazilian Championship.

The former player of PSV Eindhoven, Inter Milan, FC Barcelona and Real Madrid did not escape criticism last year, but due to results considered disappointing, Cruzeiro finished the season 14E.

From “intensive care” to “hospital bed”

However, when selling the club, the Golden Ball from 1997 and 2002 wanted to keep the essentials. Cruzeiro was “in intensive care” and is now resting “comfortably in a hospital bed”, he ruled on Monday, charging his successor with the task of making the Belo Horizonte club a great club in Brazil.

“I realize it’s a difficult task, but I’m ready,” agreed Pedro Lourenço.

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