Ronaldo buys a 25% share in Spain’s UD Almeria

Cristiano Ronaldo is officially moving into the owner’s box, snapping up a 25% stake in Spanish side UD Almería, the club said in a statement. While the price tag was not disclosed, the transaction was finalized through CR7 SA’s subsidiary CR7 Sports Investments. The club, currently sitting third in Spain’s second division, has a strong Saudi connection — it’s controlled by entrepreneur Mohamed Al Khereiji.

A dream come true? For Ronaldo, the acquisition could be the start of a post-retirement blueprint. “For a long time, my ambition has been to contribute to football beyond the pitch,” the club quoted him saying, bringing him one step closer to his stated dream of building a multi-club empire once he hangs up his boots.

The Kingdom imposes 90-day stay limit on GCC-registered vehicles

Vehicles registered in GCC countries cannot stay in Saudi Arabia for more than 90 days within any 365-day period, whether consecutive or not, Saudi Gazette reported citing new regulations approved by the Council of Ministers.

The details: The rules apply to vehicles owned or authorized for use by Saudis and expatriates, excluding rentals from licensed GCC establishments. Owners must register vehicle data at customs ports upon entry, and extensions can be requested from the Interior Ministry before the 90-day limit. Overstaying will incur penalties under the Traffic Law.

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