Former Brazil striker Ronaldo becomes Real Valladolid’s majority owner

• Valladolid playing in La Liga for first time since 2014
• Ronaldo buys 51% stake but will not be club president

The former Brazil striker Ronaldo has become the majority stakeholder in Real Valladolid after buying 51% of the Spanish top-flight club from the president, Carlos Suárez.

The former Barcelona and Real Madrid forward paid around €30m (£27m), according to Spanish media reports. Valladolid were promoted this season and Ronaldo said the aim was to keep the team in La Liga.

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