Cristiano Ronaldo’s Latest Venture: The ‘City of Padel’
Portuguese superstar Cristiano Ronaldo has made a name for himself not only through his exceptional football skills but also through his astute business acumen. At 38 years old, Ronaldo has diversified his investments across various fields, and his latest venture takes him into the rapidly growing sport of padel.
The ‘City of Padel’ Project
Ronaldo, who currently plays for Al Nassr in the Saudi Pro League after parting ways with Manchester United, has been awarded a substantial contract by the Portuguese Padel Federation. The contract involves the construction of the ‘City of Padel’ in Oeiras, a coastal town in Portugal. Ronaldo’s investment in this ambitious project amounts to a staggering €5 million.
The ‘City of Padel’ is slated to become a world-class facility capable of hosting international padel competitions. The president of the Portuguese Padel Federation, Ricardo Oliveira, expressed his enthusiasm, stating, “It’s a dream come true. We couldn’t have better partners—a great businessman and the best sportsman in the world. We can say, with total certainty, that the facilities will be unparalleled.”
Ronaldo’s involvement in this project is expected to bolster Portugal’s standing in the international padel community, solidifying the country as a formidable force in the sport.
Ronaldo’s Transition to the Saudi Pro League
Ronaldo’s journey to the Saudi Pro League marked a significant shift in his career following his departure from Manchester United. His move to the oil-rich nation coincided with several European football stars making lucrative transfers to the Middle Eastern nation’s football circuit.
Notably, Ronaldo secured his first trophy in the Middle East as he led his team to victory in the Arab Club Champions Cup.
Cristiano Ronaldo’s foray into the world of padel with his €5 million investment in the ‘City of Padel’ project highlights his commitment to diversifying his business ventures. This ambitious endeavor promises to elevate Portugal’s position in the global padel scene, further solidifying Ronaldo’s status as a multifaceted entrepreneur and sports icon.