Football star Cristiano Ronaldo (40 years old) agrees to continue his contract with Saudi Arabian football club Al-Nassr for an additional two years.
Cristiano Ronaldo Signs Historic Two-Year Contract with Al-Nassr
Cristiano Ronaldo, the Portuguese footballing legend, has inked a groundbreaking two-year deal with Saudi Pro League club Al-Nassr. The contract, worth a staggering €400 million over the next two years, makes it one of the most lucrative in sports history.
Under the terms of the agreement, Ronaldo will earn a base salary of around £178 million per year (approximately $220 million), translating to roughly £3.4 million per week. He will also receive a signing bonus of approximately $33.6 million (£24.5 million), which can increase if the second contract year is activated.
Ronaldo's earnings per day under the new contract amount to an impressive €500,000, and he earns €534,170 per day. This equates to an hourly wage of €22,290, and a mind-boggling €5.70 per second.
The contract extends Ronaldo's tenure with Al-Nassr through 2027. In addition to his salary, he will hold 15% ownership in the club, estimated at around £33 million ($40 million), and take on an expanded role in club affairs, including assisting with squad planning and recruiting new players like Joao Felix.
Ronaldo's move to Al-Nassr is not solely motivated by financial gain. In the Netflix docuseries "Saudi Pro League: Kickoff," he stated that he is "here to win." He also mentioned that the Saudi people are friendly and that they, like him, want to give back.
This new contract is expected to further boost Ronaldo's estimated net worth to $800 million. The deal includes substantial perks such as private jets and a 16-member personal staff to support his daily life. Extra financial incentives include $5.5 million for being the top scorer in the Saudi Pro League, $5.5 million in private jet credits, and about $82.4 million in sponsorship deals with Saudi brands.
With this new contract, Ronaldo aims to win titles, improve Al-Nassr, enhance the Saudi Pro League, and change the culture. Despite being 40 years old, the superstar remains unstoppable and shows no signs of slowing down.
[1] "Cristiano Ronaldo's Al-Nassr Contract: Everything You Need to Know" - BBC Sport [2] "Cristiano Ronaldo signs two-year deal with Al-Nassr worth €400m" - Sky Sports [3] "Cristiano Ronaldo to join Al-Nassr: Portuguese superstar signs two-year deal worth €400m" - The Guardian
- The historic two-year contract signed by Cristiano Ronaldo with Al-Nassr, valued at around €400 million, places it among the most profitable deals in the realm of European sports leagues, including LaLiga.
- In his new role with Al-Nassr, Cristiano Ronaldo will hold 15% ownership in the club, potentially earning him a substantial profit in the future, similar to owning a stake in a LaLiga team.