Ronaldo Re-Ups with Al Nassr in Deal Extending Stay to 2027

Cristiano Ronaldo has put an end to transfer speculation by signing a two-year contract extension with Al Nassr, solidifying his commitment to the Saudi Arabian club until 2027. The announcement, made on Thursday, follows months of rumors surrounding his future.

The 40-year-old football icon affirmed his dedication in a video released by the team, declaring, "Al Nassr forever."

Ronaldo's move to Al Nassr in 2023 triggered a wave of established players moving to Saudi Arabia in the twilight of their careers.

Speculation arose regarding Ronaldo's future after he posted "This chapter is over" following Al Nassr's third-place finish in the Saudi Pro League without securing any silverware.

According to a source from the Public Investment Fund (PIF) to AFP, "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 announcement of Ronaldo's extension comes after Brazilian star Neymar's departure from Al Hilal in January. Neymar's short-lived 18-month tenure involved only seven appearances, despite earning a reported $104 million annually.

Despite topping the league's scoring charts 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 recipient had previously hinted at the possibility of concluding his illustrious career with Al Nassr, a team favored among Saudi royals.

Saudi Arabia has undergone a significant transformation in its football landscape through substantial investments in European talent, beginning with Ronaldo's transfer in late 2022. The nation is also poised to host the 2034 World Cup.

Saudi football enthusiasts have had the pleasure of witnessing renowned players such as Ronaldo and Karim Benzema, who collectively possess six Ballons d'Or, in regular league matches.

Some observers have drawn comparisons between the Saudi Pro League and the Chinese Super League, which previously attracted players with lucrative salaries before encountering financial challenges.

The Saudi Pro League's growth is in line with the country's wider goals of establishing itself as a tourism and business hub before global oil demand declines.

Ronaldo initially joined Al Nassr two years ago in a deal reportedly worth $250 million, representing a major turning point in his career as he transitioned to Saudi Arabian football.