Global football superstar Cristiano Ronaldo is reportedly close to finalizing a takeover of the Australian rugby club, Collingwood. The deal, which is said to be in advanced stages, marks Ronaldo’s first significant move into rugby and sports ownership.

Ronaldo, whose net worth surpasses $1 billion, has been diversifying his investments, and acquiring Collingwood aligns with his broader business ambitions. The potential acquisition could bring international attention to the club and boost rugby’s profile in Australia.

Sources indicate that Ronaldo plans to be actively involved in the club’s operations, possibly revolutionizing its marketing strategies and talent recruitment. If finalized, this deal could signal a new era for Collingwood, blending Ronaldo’s football legacy with the world of rugby.