Despite Saudi ownership and Ronaldo’s stake, Almería fail again in bid to return to La Liga Second straight season without promotion despite heavy investment, with Cristiano Ronaldo now among the shareholders

Not the easiest weeks for CR7. Scrutiny gathers around him and the projects orbiting his name.
by Redazione Undici 23 June 2026 at 02:05

Not even the aura of Cristiano Ronaldo holds, lately it flickers, uneven, less steady than the image suggests, never quite settling into continuity. UD Almería stay in Segunda División for another season after the weekend defeat at home to Málaga CF, a playoff night that turns late and then slips away almost quietly after the 0–0 first leg, when a draw would have been enough, instead two goals arrive in quick succession after the break with Leo Baptistão in between and it never really bends back from there.

The final minutes dissolve into end-of-season disorder, a red card on each side, noise without consequence, the match already elsewhere. A few months earlier Ronaldo had taken 25% of the club, the image travelling faster than the thing it was supposed to sit inside. In Spain the conversation circles around failure without softness, after relegation in 2024 the Saudi ownership spoke of immediate return, investment, acceleration, structure, all of it set against a horizon that assumes its own outcome in advance.

Two seasons later, 47 million euros in losses, a figure that sits without emphasis and quickly becomes background, too large to hold in view for long, a provincial club carrying it anyway after years that only ever touched La Liga in fragments. Boardroom reshuffles remain inside the same orbit, ambition unchanged, phrasing unchanged, outcomes not, language and results no longer aligned but still moving in parallel without ever really breaking apart.

The financial logic reads like something written once and never really looked at again, promotion assumed from the start, costs justified only by arrival, and in 2024/25 elimination to Real Oviedo comes with 22.8 million lost in the same movement while this season repeats it almost exactly with red figures close to 24 million despite new investors circling and Ronaldo’s presence folded into the frame without changing its weight in any clear direction.

There is cushioning through sponsorship flows tied to Saudi structures and merchandising spikes that lift visibility beyond the pitch, eleven million euros in that line alone, the highest in Segunda, enough to sit beside clubs from the division above without ever fully becoming one of them, not really. Player trading moves in cycles, bought low, moved on higher, repeated until it stops reading as strategy and starts reading as repetition.

Still dependent on external currents, still exposed to pressure running underneath everything, football rarely holds this kind of structure still for long, and Almería are no exception to that. Where Cristiano Ronaldo fits remains blurred, he plays, he travels, he remains an entire market in himself, and inside the wider portfolio the relationship reads less like integration than proximity without definition.

“Thanks to his knowledge of Spanish football, Cristiano will help us grow both the first team and the academy,” the line from the presentation in February, back when promotion still felt close enough to assume, and the repetition of the same outcome had not yet returned in full.

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