Brazilian football icon Ronaldo Nazario has officially sold his majority stake in Spanish club Real Valladolid, according to an announcement from the club. The former World Cup winner, who has served as the chairman of the board and majority shareholder, has finalized an agreement to transfer his controlling interest to a North American investment group, backed by European funding.
The club's statement indicated that more comprehensive details about the new ownership structure and future development plans will be revealed in the coming days, marking what they describe as 'a new chapter' for Real Valladolid.
This ownership change comes at a challenging time for the club, as they have recently suffered relegation from La Liga to Spain's second division (Segunda). According to Statbet analysis, Real Valladolid struggled throughout the season, failing to secure enough points to maintain their top-flight status despite having experienced leadership at the helm.
The timing of Ronaldo's departure is particularly significant as reports had already indicated that Valladolid would lose their captain following their drop from La Liga, creating additional uncertainty for the club's immediate future as they prepare for life in the second tier of Spanish football.