Cristiano Ronaldo has silenced transfer rumors by signing a two-year contract extension with Al Nassr, ensuring his stay with the Saudi Arabian club until 2027. The announcement, made on Thursday, puts an end to months of speculation surrounding his future.
Ronaldo's commitment to Al Nassr solidifies his role in the Saudi Pro League.
In a video released by the team, the 40-year-old football icon affirmed his dedication, declaring, "Al Nassr forever."
Ronaldo's move to Al Nassr in 2023 set off a chain reaction, with numerous established players in the twilight of their careers following suit and heading to Saudi Arabia.
After Al Nassr's third-place finish in the Saudi Pro League without any silverware, Ronaldo's post stating, "This chapter is over," ignited speculation about his next move.
A source from the Public Investment Fund (PIF) told AFP that "Ronaldo's presence is a key factor in developing the Saudi league in the last two years and a half. He opens the door for elite and young players to come to Saudi Arabia."
The Saudi PIF, which manages the nation's sovereign wealth fund, has oversight of several Pro League clubs, including Al Nassr, Al Hilal, and Al Ahli.
The extension news comes after Brazilian star Neymar's departure from Al Hilal in January. Neymar's 18-month tenure was short-lived, with only seven appearances, despite a reported annual salary of $104 million.
Despite leading the league with 25 goals, Ronaldo is yet to win any Saudi or continental titles with Al Nassr. The team recently suffered a defeat in the Asian Champions League semi-finals.
The five-time Ballon d'Or winner had previously hinted at the possibility of concluding his illustrious career with Al Nassr, a club favored by Saudi royals.
Saudi Arabia has dramatically reshaped its football scene through substantial investments in European talent, a movement that began with Ronaldo's transfer in late 2022. The nation is also preparing to host the 2034 World Cup.
Saudi football fans have been treated to the spectacle of world-class players like Ronaldo and Karim Benzema, who together boast six Ballons d'Or, gracing regular league matches.
Some observers have drawn comparisons between the Saudi Pro League and the Chinese Super League, which previously attracted players with lucrative contracts before encountering financial difficulties.
The Saudi Pro League's growth is in line with the country's broader ambitions to become a leading tourism and business hub before the global demand for oil diminishes.
Ronaldo initially joined Al Nassr two years ago in a deal reportedly worth $250 million, a move that signified a major turning point in his career and a commitment to Saudi Arabian football.
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