The managing director of the Cofina group, Luis Santana, told Lusa news agency that Cristiano Ronaldo intends to enter the group’s capital. The latter, a pioneer in the media sector in Portugal, is the owner of a tabloid that has often angered the former Real Madrid player.
The football player’s entry into the group’s capital will take place within the framework of ” Management Purchase (MBO) »takeover of the company by its directors which would be It will soon be presented to shareholders. Luis Santana explained. He added that ” Count on Cristiano Ronaldo […] As an investor it is naturally a great satisfaction.”
Ronaldo may become the main shareholder of Covina, with a stake of up to 30% and an estimated value of 70 million euros, according to the economic information site. Environmentally friendly. It is difficult to predict a redemption due to the frequent criticism of the Portuguese star in exchange for the daily Curio da manhahead gondolier of the group.
Friction between CR7 and the group in the past
The Champions League record holder was often in conflict with the mass media. In 2014, the footballer won a lawsuit against him Curio da manha for violating privacy. He repeatedly refused to answer questions from journalists from Covina Group TV, CMTV.
In full preparation for the Euro 2016 match in Lyon, a Madeira native grabbed a reporter’s microphone from CMTV to throw it into a lake. But this will not prevent his takeover of the group, with which the magazine is adorned Forbes The title of the richest athlete of all time last May.