• July 7, 2020

Ronaldo (C7) To Become Football’s First Billionaire as His Earnings Soar

Forbes’ sports money analyst Christina Settimi said: “With the additional $45million (£36m) he makes as a walking billboard, pitching products head to toe for the likes of Nike and his CR7 line of underwear, footwear, and cologne, Ronaldo can still earn $91million (£74m) annually to retain his standing among the best-paid in all of sports, and still become the third active athlete to crack the $1billion (£800m) mark in career earnings at the end of this season.”

His earning power via social media and his move to Italy are taking his personal wealth to Billionaire heights. He will soon be in the league of Tiger Woods and Floyd Mayweather as active sportsmen wealth-wise

His off-the-pitch earnings are soaring having earned £36million ($44m) last year through commercial ventures alone.

From the £88million ($109m) he made last year, £52million ($65m) of that comes via his contract with Juventus, while his money from paid Instagram posts (£39m) last year alone was more than his take home pay (£30m) from Juventus.

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His income grows through his chain of Pestana Cr7 hotels in Portugal, Spain and New York, plus his commercial deals with Tag Heuer, Nike, Herbalife Nutrition Electronic Arts and Altice. Other deals are DAZN, MTG, Egyptian Steel and his own CR7 plus his chain of building assets in Manchester, Portugal and Madrid.

A super luxury car is a must for every rich guy in the world, and what better to ask for than the Rolls Royce Phantom worth $ 400,000.

His £88million signing in 2018 saw shares in the Italian champions reached unprecedented levels within three months.

It was reported that: “One performance during the 2018-19 season – his hat-trick against Atletico Madrid in the Champions League second round – directly led to a 24 per cent jump in share price.”

Across Instagram, Twitter and Facebook, Ronaldo boasts 420million followers and each advertised post earns him in the region of £900,000.

Surely, the Juventus of Italy and Portugal striker is set to become football’s first ever billionaire and one football’s wealthiest, even not the only one (for now).

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Femi Oshin

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