Ronaldo invests in MMA as ex-Saudi sports chief endorses his worth

New Delhi: Cristiano Ronaldo has decided to invest part of his multi-million dollar salary to become a shareholder in mixed martial arts promotion WOW FC.

The Portugal captain joined Saudi side Al Nassr in December 2022 and draws an annual salary in the region of $211 million - $4 million a week.

Through press release on Thursday, Ronaldo said he has agreed to join UFC champion Ilia Topuria to spearhead the Madrid-based promotion.

"MMA represents values I truly believe in: discipline, respect, resilience, and the constant pursuit of excellence,” Ronaldo said.

"WOW FC is building something unique and powerful, and I’m proud to join this project to help elevate the sport and inspire the next generation.”

Co-shareholder Topuria said: "Having Cristiano Ronaldo join WOW FC is a powerful moment for the sport. He represents the highest standards of professionalism, hard work, and global excellence.

"Together, we will push MMA to new heights and inspire athletes and fans around the world to believe that anything is possible.”

Meanwhile, former Saudi Sports Minister Prince Abdullah bin Mosaad said Ronaldo is the only foreigner in the Saudi Pro League who deserves his massive salary.

Prince Abdullah, who served in the post from 2014 to 2017, after which a huge influx of foreigners happened in the Saudi league.

"Ronaldo is the only foreign player worth what he earns because of the global exposure he brings to the league and the country," he told Al-Arabiya.

"Many others are paid far more than they deserve."

Prince Abdullah also warned due to an increase in number of foreigners on matchday squads to eight, Saudi players have been reduced to "extras” that could hamper performance of the national teams.

"Right now, building a strong league is coming at the expense of the national team. We need a clear plan to prepare for 2034," he said.