Ronaldo Signs With #SaudiArabia’s Al Nassr Football Club - Bloomberg

Ronaldo Signs With Saudi Arabia’s Al Nassr Football Club - Bloomberg

Cristiano Ronaldo signed a 2 1/2-year contract with Saudi Arabia’s Al Nassr club, a deal that could make the five-time footballer of the year one of the highest-paid athletes in the world.

Al Nassr didn’t say how much the contract was worth, but the UK’s Sun newspaper said the 37-year-old Portugal striker would earn more than $200 million a year. He reportedly made about £26 million ($31 million) a year at Manchester United, his previous team.

In signing Ronaldo, a household name with more than 500 million social media followers and whose former clubs include Real Madrid and Juventus as well as United, Saudi Arabia is again showing it’s prepared to pay over the odds to boost its presence in the biggest sports.