Ronaldo Exits Real Valladolid Amid Fan Pressure and Relegation

Brazilian football legend Ronaldo is selling his shares in the Spanish club Real Valladolid. The club announced this in a statement on Friday.
Valladolid will play in the second division next season. According to the club, Ronaldo has made a deal with a North American investment group that is supported by European funds. The club stated that more information will be released in a few days.
Ronaldo bought 51% of Valladolid's shares in 2018. However, due to the club's poor performance recently, fans have criticized him and pressured him to sell his shares.
Valladolid was often at the bottom of the La Liga standings this season and was the first team to be relegated. Now that Ronaldo has decided to leave the club, Valladolid's future will be in the hands of new investors.