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Real Valladolid Confirm Ronaldo Has Bought 51% of Club's Shares

La Liga side Real Valladolid confirmed on Monday that former Brazil footballer Ronaldo has acquired a 51 per cent stake in the club.

They announced the purchase on their official Twitter account, while Ed Malyon of The Independent translated the news:

Real Valladolid C.F.

ud83cudf99 DISCURSO ud83cudf99 Carlos Suárez: “Hoy es un punto de partida. Ronaldo a título personal adquiere el 51% de las acciones del Real Valladolid. Él es un ídolo que enamora y contagia ilusión” #pucela #RealValladolid https://t.co/PMD8JWXwQ9

Ed Malyon

Valladolid confirm that former Brazil striker Ronaldo has bought 51% of the shares in the newly-promoted side.