Ronaldo Cashes Out: A Lucrative Farewell to Cruzeiro

Ronaldo, a celebrated former football star, sold his 90% stake in Cruzeiro’s SAF to Pedro Lourenço for R$600 million ($115.38 million). Cruzeiro SAF is the business arm of Cruzeiro Esporte Clube, a major Brazilian football club with a storied history in national and international play. He bought it for R$50 million ($9.62 million) in late […]

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