Finance

How Cristiano Ronaldo has caused $280 million debt crisis for Al-Nassr

How Cristiano Ronaldo has caused 0 million debt crisis for Al-Nassr

Cristiano Ronaldo is undoubtedly the biggest star to ever play in Saudi Arabia, but he has come at a huge cost for Al-Nassr.

Ronaldo joined Al-Nassr in 2023, following a controversial exit from Manchester United. His arrival marked a huge shift in football, as several big names followed him to the Saudi League.

Advertisement

However, landing Ronaldo did not come cheap for Al-Nassr, and the long-term ramifications of landing the iconic #7 have played a part in their current financial peril.

Photo by Yasser Bakhsh/Getty Images

Cristiano Ronaldo’s $625 million salary has plunged Al-Nassr into financial crisis

Since joining Al-Nassr, Cristiano Ronaldo has earned an eye-watering $625 million in wages from the team across the last three and a half years.

However, during this period, Ronaldo has only led the team to one Saudi League title, far from the return on investment Al-Nassr officials wanted.

Now, years later, Al-Nassr find themselves in a massive financial crisis, with liabilities worth $280 million now weighing them down.

Advertisement

While Ronaldo’s huge wages have surely played a part in this, his lack of success with the team has also failed to justify this exorbitant spending by the team.

The Saudi League’s prize pool for the league winners is estimated to be about $1.3 million, which is not nearly enough to offset the amount of money they pay Ronaldo.

On top of that, they have recruited other big-name players like Sadio Mane, Inigo Martinez, and Joao Felix, who also command big wages.

Al-Nassr’s lack of success has made them an unattractive investment prospect, which limits their ability to bring in more money.

Advertisement

Cristiano Ronaldo might have to look for a new team if financial situation doesn’t improve

It is unfair to suggest that Cristiano Ronaldo is solely responsible for the team’s financial struggles, even with his astronomical wages.

His name, presence, and image rights allow Al-Nassr to profit massively through jersey sales, ticket sales, and other promotional tactics.

But if Al-Nassr’s financial woes are as severe as reported, they might struggle to keep hold of Cristiano Ronaldo in the long run.

Ronaldo’s presence in Saudi Arabia is paramount to the financial success of this league, so it wouldn’t come as a surprise if authorities intervene to provide financial assistance to the league.

Advertisement

Website |  + posts
author avatar
spsingh

spsingh

About Author

You may also like

ABHI and Squadio Sign up for Forces to Redefine Worker Monetary Get entry to in Saudi Arabia – Biz These days
Finance

ABHI and Squadio Sign up for Forces to Redefine Worker Monetary Get entry to in Saudi Arabia – Biz These days

RIYADH: Abhi Saudi, powered by way of Alraedah Virtual Answers, has introduced a partnership with Squadio, a number one era
Rebellions Resumes Center East Trade, Goals Saudi Arabia
Finance

Rebellions Resumes Center East Trade, Goals Saudi Arabia

▲AI PRISM* Custom designed Financial Briefing ■ AI Seek Paradigm Shift: With the upward thrust of generative AI, the “zero-click”