Cristiano Ronaldo Goes Into Multi-Million Dollar Hotel Venture

Cristiano Ronaldo Goes Into Multi-Million Dollar Hotel Venture

Cristiano Ronaldo Goes Into Multi-Million Dollar Hotel Venture

Cristiano Ronaldo has made an announcement on Thursday, saying he was going into a partnership venture with Pestana which will see Portugal’s biggest chain hotels bear his name.

The deal with Pestana is reported to worth $80m, with the four hotels splashing along Madrid, Lisbon, New York, and Funchal, a resort town in Portugal.

The new partnership adds to his growing portfolio off the pitch, which has seen him already come out with brands of socks, pants and t-shirts in his own CR7 underwear range.

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The proposal of the partnership aims to secure the Real Madrid star’s future once his playing days comes to a close.

ESPN FC, hinted that the hotels will be located in Lisbon, Madrid, New York and Funchal in Portugal’s Madeira region. The Region has the famous Ronaldo’s own museum built in the past.

The hotels in Funchal and Lisbon are reported to be completed in 2016, with those in Madrid and New York set to open a year later.

Ronaldo has said on a couple of occasions that he is likely to continue his playing career in the States and  many are claiming this venture into the USA could perhaps coincide with a move to the MLS, where Ronaldo, who would be 33 at the time, could end up.

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