Former Brazilian striker Ronaldo is reportedly in talks to buy Spanish club Real Valladolid in a deal worth €30m ($35m). Should the deal come to fruition, Ronaldo will become the club's president and majority shareholder. Current owner Carlos Suarez will continue in a new role as chief executive. The move would be Ronaldo's first foray into football management after he left Manchester United for Juventus last summer.
Former Brazilian striker Ronaldo is reportedly in talks to buy Spanish club Real Valladolid in a deal worth €30m ($35m). Should the deal come to fruition, Ronaldo will become the club's president and majority shareholder. Current owner Carlos Suarez will continue in a new role as chief executive. Suarez had been in talks with Mexican businessman Ernesto Tinajero, but a potential deal recently collapsed.