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RE: LeoThread 2025-01-01 14:25

in LeoFinance7 days ago

Part 2/7:

Ronaldo acquired Cruzeiro in 2022 when the club was struggling, deeply in debt, and teetering between divisions in Brazil's league system. At that time, Cruzeiro was plagued by the threat of relegation from Serie B to Serie C. His involvement brought hope to a club that was not just suffering from financial stability issues but also in dire need of a strategic turnaround.

Ronaldo's tenure at the helm proved pivotal as he rejuvenated the club, ultimately leading to the sale of 90% of the SAF to businessman Pedro Lourenço. Known as "Pedrinho BH," Lourenço is an ardent Cruzeiro supporter and a prosperous entrepreneur, likely to inject fresh capital into the club. This shift marks a significant moment for Cruzeiro, pivoting from a period of despair to one of optimism and potential growth.