CELEBRITY
Ronaldo buys Brazilian second division club, Cruzeiro
Retired Real Madrid and Brazil striker Ronaldo has bought a controlling stake in his former club Cruzeiro, the player and the club said on Saturday.
Ronaldo, who played for Cruzeiro as a teenager in the early 1990s before going on to become one of the most successful centre forwards in footballing history, did the deal with the help of Brazilian investment bank XP (XP.O).
The transaction, which was done through Ronaldo’s Tara Sports company and is still subject to what the bank called “a series of conditions,” sees the 45-year-old invest 400 million reais ($70 million) in the Belo Horizonte club, which has spent two years in Brazil’s second division.
“I am so happy to have concluded this operation,” Ronaldo said in a video posted by the Cruzeiro president, adding, while holding one of the club’s blue shirts, that he wants to “give back to Cruzeiro and take them where they deserve to be.”
“We have a lot of hard to work to do. There’s nothing to celebrate yet but we bring a lot of hard work and the ambition to make Cruzeiro great again.”
It is the second foray into management for the former PSV Eindhoven, Inter Milan, AC Milan, Barcelona and Corinthians striker. Ronaldo bought a 51% stake in Spanish club Real Valladolid in 2018.
Neither he nor Cruzeiro provided any significant details but XP said in a statement “it seeks to help the Brazilian football industry with professionalisation, capitalization and opening new opportunities.”
Ronaldo posted a blue heart and a fox – the Cruzeiro mascot – on Twitter, and a club spokesperson confirmed the deal.
Cruzeiro also told the fans they were “phenomenal”, in a reference to Ronaldo’s nickname as a player, “Ronaldo Fenomeno”.
The deal comes a few months after the Brazilian Congress sanctioned a law allowing football clubs, historically fan-owned and closed off to outside investors, to become businesses.
“This is the first bit of business in a relevant new front for the investment banking market in Brazil, the country of football,” said Jose Berenguer, CEO of Banco XP.
“I have no doubt this is transformational in the history of Brazilian sport. We will have clubs that are stronger, with the capacity for global investment. Brazilian football will never be the same again.”
($1 = 5.6959 reais)
-Reuters
Former England soccer captain David Beckham and actor Gary Oldman were knighted in King Charles’ annual birthday honours list on Saturday, while sculptor Antony Gormley was made a Companion of Honour.
Beckham, 50, joined Manchester United as a trainee in 1993, going on to make almost 400 appearances for the club where he won a string of titles and cups.
He subsequently played for Real Madrid, LA Galaxy, and Inter Milan, as well as captaining his country 58 times and making 115 appearances.
His marriage to fashion designer and former Spice Girl Victoria Beckham in 1999 cemented a celebrity status which went far beyond his sporting exploits.
Oldman, 67, started his career on the stage, where he was a member of the Royal Shakespeare Company, before rising to prominence in film. He won the best actor Oscar for playing Winston Churchill in the 2017 drama “Darkest Hour”.
He also had roles in the “Dark Knight Trilogy” and the “Harry Potter” movie series and more recently starred in the TV spy drama “Slow Horses”.
Other famous names receiving honours included damehoods for musical theatre star Elaine Paige, novelist Pat Barker and ceramics maker Emma Bridgewater.
Roger Daltrey, lead singer of rock band the Who and a patron of the Teenage Cancer Trust, received a knighthood for services to charity.
More than 1,200 people received honours for their achievements, with a particular focus on those who had given their time to public service, the government said.
King Charles’ official birthday will be celebrated with the annual “Trooping the Colour” military parade in London on Saturday. His actual birthday is on November 14
-Reuters
Join the Sports Village Square channel on WhatsApp: https://whatsapp.com/channel/0029Vaz7mEIGk1FxU8YIXb0H
One of three judges in Diego Maradona’s closely scrutinized homicide trial in Argentina resigned on Tuesday amid a scandal triggered by the alleged filming of an unauthorised documentary, bringing uncertainty to the future of legal proceedings.
The high-profile trial over the death of soccer star Maradona began on March 11 in the South American country where the World Cup winner is still revered.
-Reuters
Join the Sports Village Square channel on WhatsApp: https://whatsapp.com/channel/0029Vaz7mEIGk1FxU8YIXb0H
For the third year in a row, and the fifth time overall, Cristiano Ronaldo is the world’s highest-paid athlete.
But at age 40, the Portuguese soccer superstar is reaching new highs.
Over the past 12 months, counting both his playing salary at Saudi Arabia’s Al-Nassr and his off-field business endeavors, Ronaldo collected an estimated $275 million before taxes and agent fees—the third-best year by an active athlete ever measured by Forbes.
On that all-time list, Ronaldo is surpassed only by boxer Floyd Mayweather, who earned $300 million in 2015 and $285 million in 2018.
And when it comes to the 2025 leaderboard, Ronaldo has a $119 million advantage over No. 2, Golden State Warriors guard Stephen Curry.
The League of Wealthy Sportsmen
The gap is especially impressive considering that Curry’s $156 million total is also a record for his sport, beating the NBA mark of $128.2 million set last year by LeBron James.
And there are plenty of other eye-popping paydays among this year’s 10 highest-paid athletes, starting with James, who notched a personal-best $133.8 million to land at No. 6. Meanwhile, Dallas Cowboys quarterback Dak Prescott (No. 4, $137million) and New York Mets outfielder Juan Soto (No. 7, $114 million) broke records for the NFL and MLB.
Combined, the 10 highest-paid athletes brought in $1.4 billion, up slightly from last year’s $1.38 billion and the largest total since Forbes began ranking athlete earnings in 1990.
This year is also only the second time, after 2024, that every member of the top 10 made at least $100 million.
In fact, heavyweight boxing champion Oleksandr Usyk ($101 million) and golfer Jon Rahm ($100 million) reached the milestone, too, without managing to crack this list.
For the third year in a row, and the fifth time overall, Cristiano Ronaldo is the world’s highest-paid athlete.
But at age 40, the Portuguese soccer superstar is reaching new highs.
Over the past 12 months, counting both his playing salary at Saudi Arabia’s Al-Nassr and his off-field business endeavors, Ronaldo collected an estimated $275 million before taxes and agent fees—the third-best year by an active athlete ever measured by Forbes.
On that all-time list, Ronaldo is surpassed only by boxer Floyd Mayweather, who earned $300 million in 2015 and $285 million in 2018.
And when it comes to the 2025 leaderboard, Ronaldo has a $119 million advantage over No. 2, Golden State Warriors guard Stephen Curry.
The gap is especially impressive considering that Curry’s $156 million total is also a record for his sport, beating the NBA mark of $128.2 million set last year by LeBron James.
And there are plenty of other eye-popping paydays among this year’s 10 highest-paid athletes, starting with James, who notched a personal-best $133.8 million to land at No. 6. Meanwhile, Dallas Cowboys quarterback Dak Prescott (No. 4, $137million) and New York Mets outfielder Juan Soto (No. 7, $114 million) broke records for the NFL and MLB.
Combined, the 10 highest-paid athletes brought in $1.4 billion, up slightly from last year’s $1.38 billion and the largest total since Forbes began ranking athlete earnings in 1990.
This year is also only the second time, after 2024, that every member of the top 10 made at least $100 million.
In fact, heavyweight boxing champion Oleksandr Usyk ($101 million) and golfer Jon Rahm ($100 million) reached the milestone, too, without managing to crack this list.
World’s Highest-Paid Athletes 2025
Join the Sports Village Square channel on WhatsApp: https://whatsapp.com/channel/0029Vaz7mEIGk1FxU8YIXb0H
- OBITUARY3 days ago
BREAKING: Nigerian Goalkeeping Legend Peter Rufai is dead
- Nigerian Football3 days ago
Football Agent John Shittu Demands Retraction and ₦250 Million Damages from Samson Siasia Over Bribery Allegation
- FEDERATION CUP1 week ago
Kwara United Clinch Historic First Title as President Federation Cup Final Goes to Penalties for the 18th time
- FEDERATION CUP1 week ago
Rivers Angels Crowned 2025 Female Federation Cup Champions After Penalty Shootout Thriller
- OBITUARY3 days ago
Peter Rufai looked lean when I last saw him, says mourning NFF President, Gusau
- WAFCON1 day ago
Nigeria, Tunisia Set for High-Stakes WAFCON 2024 Clash in Casablanca
- OBITUARY3 days ago
Family issues statement on Peter Rufai
- IMMEMORIAL2 days ago
Peter Rufai’s Death Adds to Long List of July Tragedies in Nigerian Football