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Real Valladolid owner Ronaldo Nazario agrees to terms for sale of club

Posted By Joe E
May 22, 2024
9:32 am
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Real Valladolid‘s majority shareholder Ronaldo Nazario has agreed terms to a deal to sell the club to local construction firm Inexo, although the deal has not been signed. In 2018, Ronaldo took over a controlling stake for the price of €30m, and has overseen two promotions and two relegations, with the side currently in Segunda, but has a fraught relationship with the fans at the Nuevo Jose Zorrilla.

As per Cadena SER, Ronaldo signed a declaration of intent to sell the club to Inexo at the end of March, which also listed the terms of the sale. The deal would cost €28.7m initially for 49% of the club, while they would have the obligation to buy the remaining 16.7% of the club off Ronaldo in the period between 2028 and 2030 for €10m if the club is in Primera, and €5m if it is in Segunda. The minimum fee is €33.7m.

The declaration of intentions is not binding, and Ronaldo is yet to accept the deal in hope of a better offer. It is worth pointing out that Valladolid are just two wins away from securing promotion back to La Liga, as Segunda comes to its conclusion.

The post Real Valladolid owner Ronaldo Nazario agrees to terms for sale of club appeared first on Football España.



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