“There Is No Deal” – Days After $53 Million Controversy, Cristiano Ronaldo Faces Major Setback in $30 Million Project

Aside from being the best player in the world, Cristiano Ronaldo is also an astute investor. The player has built a massive empire, and his extensive financial portfolio has allowed him to invest in various assets, including real estate. The striker owns many properties in multiple countries.

Currently, the 38-year-old is constructing his dream home in his homeland, Portugal. Ronaldo is keen to build one of the best homes for himself, which will be accommodated soon after its completion. Additionally, he was updated about his property by a well-known Portuguese social media personality. However, the completion of his house has stumbled as the Al Nassr man is facing a major setback.

Cristiano Ronaldo suffers a major setback!

Ronaldo recently added yet another project to his property list. His new mansion is located in Quinta da Marinha, which is one of the most posh areas in Portugal. The CR7 has reportedly spent a fortune on his dream casa, as he has splashed out $30 million so far. However, the player is now facing a major setback. Ronaldo is looking to buy a private golf club that is significantly close to his proximity in order to have more privacy.

However, as reported by the famous Portuguese program, “Noite das Estrelas,” his request was denied. “Noite das Estrelas knows that Cristiano Ronaldo tried to buy the entire golf club, the 18 holes, which are next door to the land of the new house, to have more privacy, but he was valiantly denied, and there is no deal for anyone,” said presenter Maya.

The presenter insisted that everyone, including the neighbors, reject his proposal. Another commentator, Adriano Silva Martins added, “The house is 3,000 meters in a hectare of land, which is a lot of land, but with a house of this size it is not so much… The house looks like a mini shopping center.”

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Maya adds that his problem “isn’t the size of the land or the house, rather it’s the golfers who pass close to the net”. This has also left the veteran angry with his neighbors for not accepting his proposal. However, this wasn’t the only thing that spoiled his mood, as he got himself into another $56 million controversy.

Gets into million dollar controversy!

Ronaldo has ventured into the real estate industry by collaborating with a prominent chain, marking his entry into this business. Reports indicate that the Portuguese star is currently involved in the development of a nine-story apartment complex. The estimated value of this project is approximately $53 million.

However, it has caused major controversy as one of the executives of the environmental group, Os Guardiões da Laurissilva said, “We are talking about the largest open-access beach in Funchal, which has a plot of land next door, which belongs to Cristiano Ronaldo. He now wants to make this venture, which will deprive the beach, and there are several illegalities here in between,” while speaking to TV7 Dias.

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The local government has faced criticism from environmentalists who claim that they have shown favoritism towards Ronaldo. This has led Ronaldo to face a huge backlash from environmental activists, who have stumbled upon his project. Either way, do let us know your thoughts on this.