Cristiano Ronaldo’s new millionaire business is linked to sports

Cristiano Ronaldo set his sights on the world of paddle tennis and set out to conquer the sport through business. Another point of expansion investment list This makes them happy. This time, the Portuguese star’s company won the competition to tender for the project itself. Portuguese Padel Federation Construction of a complex of 17 courts in the municipality of Oeiras, near Lisbon. It’s not about three rackets and a net, it’s about becoming the biggest club in Portugal in the future.

Early 2025. That’s the date Paddle City began collecting bouncing ball echoes. CR7 SA and another Portuguese company, Lusofinança, are expected to invest a total of more than 5 million euros.

In the words of Ricardo Oliveira, President of the Portuguese Paddle Board Federation, this will be “A reference point and a business card” Provide assistance to this model in the country and will contribute based on what has been collected Effie“Making the road to training and selection stronger.”

The Federation itself declared “Empire” this week, Its area will exceed 15,000 square meterswill be raised together with the aforementioned company Lusofinança, the majority shareholder of which is a businessman Philippe de Botton, whose resume lists him as a representative of Banco Sabadell. As far as Cristiano Ronaldo is concerned, he doesn’t need much introduction. “This is an example for everyone. There are no more dedicated and loyal professionals in world sports.”Oliveira pointed out.

The financial empire of the new King Midas

This punt from the Al Nasr striker is a sweet moment for Discipline. This is what the federal data shows. Among the eleven existing clubs and dozens of athletes eleven years ago Currently, more than 300 teams, more than 11,000 federation athletes and more than 250,000 practitioners are involved. “He can make a decisive contribution to the development of the sport,” predicts Oliveira, who realizes that, in a way, Ronaldo has a business acumen similar to that of King Midas.

But according to legend, it was not a piece of bread or a glass of wine that Christian touched, as the ancient Phrygian monarchs had done. The world star’s business network stretches like the arms of an octopus into fields as diverse as they are distant. From its own chain of hotels to franchising hair transplant clinics, to lingerie and perfume, and even a CR7 gym.

with 13 centers throughout the Iberian Peninsula.

Based on calculations consulted with some experts Effie, The football star earns around 200 million euros a year; This figure brings together the club’s salaries, image rights and sponsorship fees. The company’s performance is like a rocket leaving the stratosphere. It was he who wanted to take the Portuguese Padel’s reputation there.