Tag: Cristiano Ronaldo

Standfirst: Saudi Arabia’s football push has outgrown the “buy the stars” phase. If the Saudi Pro League (SPL) wants to be more than a public‑relations spectacle, sustainability—not spectacle—must be the core product.

Cristiano Ronaldo, now 40, extended his Al‑Nassr contract through mid‑2027—committing to Saudi’s top flight until age 42. Simultaneously, the SPL is pushing to up its game internationally: the American Harburg Group invested in newly promoted club Al‑Kholood, reflecting a pivot to privatization and governance reforms.

Portuguese football legend Cristiano Ronaldo is currently facing a proposed class-action lawsuit, with allegations stemming from his involvement in promoting the cryptocurrency exchange Binance. This legal challenge, filed on November 27 in a United States district court in Florida, accuses Ronaldo of aiding in the offer and sale of what are claimed to be unregistered securities, in collaboration with Binance.