Brazil great Ronaldo sells stake in Valladolid

Brazil great Ronaldo sells stake in Valladolid

MADRID (AP) — Brazil great Ronaldo is selling his controlling stake in Valladolid, the Spanish soccer club said on Friday.

Valladolid, which will play in the second division next season, said in a statement that Ronaldo informed it of a deal to sell to a “North American investment group with backing from a European fund.”

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