Cristiano Ronaldo signs new Al Nassr contract until 2027, total package worth almost £500 million

Cristiano Ronaldo inked a two-year extension with Saudi Arabia’s Al Nassr, the club announced, following weeks of speculation over which team he would sign for next season.

“Cristiano Ronaldo is staying at @AlNassrFC until 2027,” the club wrote in a post on X on Thursday, June 26.

Minutes before the official confirmation, the team posted a teaser video, with the 40-year-old Ronaldo walking along a beachfront and saying: “Al Nassr forever.”

The Portugal icon will be paid £178million a year, which equates to £487,671 per day.

As per The Sun, he has also been handed a £24.5m signing bonus, which will increase to £38m in the second year and he has given an ownership stake in the club, worth around £33million.

There are also bonuses for winning the Golden Boot and the Saudi Pro League title, which could take his total package over two years to £492m.

The Portuguese superstar arrived in 2023 in the kingdom to play with the club, heralding a rush of players in the latter stages of their careers to the oil-rich country.

Last month, Ronaldo posted “This chapter is over” hours after the Saudi Pro League wrapped up with Al Nassr finishing third and trophy-less once again.

“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,” a source from the Public Investment Fund (PIF), a major investor in Saudi football, told AFP last month.

The oil-funded PIF, the sovereign wealth fund behind a number of big-ticket Saudi investments, controls a group of Pro League clubs including Al Nassr, Al Hilal and Al Ahli.