In a surprising development, soccer icon Ronaldo has reportedly taken control of Cofina Media, a Portuguese media conglomerate, through a consortium of investors.

Cristiano Ronaldo’s acquisition of media group.

Renowned as one of the greatest footballers of all time, He boasts ownership of various ventures, including restaurants, a hair transplant clinic, watches, and hotels valued at over £409 million.

The acquisition of the media group was carried out through Expressao Livre, with the 38-year-old being part of the investor group. Cofina Media holds ownership of several prominent Portuguese national newspapers such as Correio da Manha, Record, and Jornal de Negocios.

This acquisition is noteworthy considering previous conflicts with some entities under Media. The football legend had previously taken legal action against Correio da Manha, alleging privacy violations. Additionally, he once threw a microphone into a lake belonging to a CMTV reporter, an incident that occurred before the Euro 2016 tournament, which Portugal ultimately won seven years ago.

In a swift response to address past tensions, He has awarded staff members a bonus exceeding £1,000. He expressed gratitude for their hard work and conveyed his anticipation for a positive relationship moving forward.

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