Home Sports Cristiano Ronaldo to Earn 400 million Euros in Saudi: Club Source

Cristiano Ronaldo to Earn 400 million Euros in Saudi: Club Source

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Cristiano Ronaldo to Earn 400 million Euros in Saudi: Club Source

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Last Updated: January 09, 2023, 21:24 IST

Cristiano Ronaldo (AP Image)

Cristiano Ronaldo (AP Image)

The oil-rich kingdom, together with Egypt and Greece, is contemplating a bid to host the 2030 FIFA World Cup, and Ronaldo’s ambassadorial function will carry his reported earnings in the nation to over 400 million euros.

Footballer Cristiano Ronaldo will earn 200 million euros to promote Saudi Arabia’s joint 2030 World Cup bid in addition to his membership wage, a supply shut to his membership informed AFP Monday.

The Portuguese famous person, 37, unveiled to 1000’s of Al Nassr followers in Riyadh final week, is by far probably the most well-known participant to signal for a membership in Saudi or some other Gulf nation.

The oil-rich kingdom, together with Egypt and Greece, is contemplating a bid to host world soccer’s 2030 showpiece event, and Ronaldo’s ambassadorial function will carry his reported earnings in the nation to over 400 million euros ($428 million).

“Ronaldo will likely be paid greater than 200 million euros ($214 million) for the deal,” said the source, with knowledge of the deal but who requested anonymity.

“He will be an ambassador for the Saudi World Cup 2030 bid for another 200 million.”

The arrival of the previous Manchester United, Real Madrid and Juventus participant got here simply weeks after neighbouring Qatar turned the primary Arab nation to host the World Cup.

The five-time Ballon d’Or winner, who has additionally gained the Champions League 5 instances and holds that event’s goal-scoring report, is predicted to make his Al Nassr debut on January 22.

The deal was backed by senior royals who help Al Nassr, together with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman — extensively often called “MBS” — the source said.

– ‘International spotlight’ –

“MBS (and his brothers) Naif, Turki and Rakan, the sons of King Salman, are all honorary members of Al Nassr since before their father even become the crown prince,” the supply mentioned.

“They needed to grant their beloved membership supremacy and put it in the worldwide highlight. The greatest manner was to carry the very best participant in the world.”

The deal has been financed by the conservative kingdom’s sovereign wealth fund, the Public Investment Fund (PIF), the source added.

“Al Nassr and the other Saudi clubs don’t have this huge fund for such a big deal. It’s PIF that secured the payment,” the supply mentioned.

Recently the PIF has undertaken different high-profile sporting ventures, together with the acquisition of a majority stake in English Premier League membership Newcastle United.

It has additionally bankrolled the profitable LIV Golf League, which has break up the elite golf world by luring away high stars from the US PGA Tour and DP World Tour.

According to one other supply shut to Al Nassr, it was the princes who put the shock Ronaldo deal in movement.

“It’s MBS’s brothers who steered and sought to seal the deal at any value,” he said.

“They are all Al Nassr fans and they wanted to prove their team really is the International,” the supply added, referring to Al Nassr’s nickname.

Al Nassr has 9 Saudi league titles however have by no means gained the Asian Champions League, in contrast to four-time winners Al Hilal and Al Ittihad, who’ve lifted the trophy twice.

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(This story has not been edited by News18 employees and is revealed from a syndicated information company feed)

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