Brazilian Football Legend, Ronaldo has agreed a £27m deal to buy La Liga club Real Valladolid, according to reports in Spain, Skysports reports.
Cadena Ser say the 41-year-old is set to become the club’s majority shareholder and president.
The takeover could be ratified in the next two to three weeks and would reportedly settle the club’s debts of £22.7m.
The current president Carlos Suarez would remain in charge of managing the day-to-day business of the club, according to Cadena Ser.
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