CRISTIANO Ronaldo has reportedly taken a £8million hit on a luxury apartment he is said to have sold in Trump Tower.
The Man United star sold the New York nine-bed flat for £5.28million, more than £8million less than the £13.6million he paid for it in 2015 according to Spanish economic news website Expansion.
The respected news portal said the price had been affected by the notoriety of former US president Donald Trump, the owner of the landmark 58-floor skyscraper that serves as the HQ for the Trump Organisation.
An online petition was launched in April 2017 by Trump critics urging Cristiano, 37, to get rid of the 2,510-square foot pad.
The Washington Post echoed the petition which accused Trump, then just months into his presidency, of trampling over human rights and said Cristiano had a “duty to take a stand against his fascist policies and ideas by refusing to do business with him”.
The sale of the apartment is understood to have gone through late last year but has only just been reported on.
Dad-of-four Cristiano, due to expand his family in April when partner Georgina Rodriguez gives birth to twins, has an estimated net worth of just under £370million so won’t need to worry too much about his property hiccup.
He owns two flats in Lisbon including a £6million apartment in the Portuguese capital described as the most expensive apartment ever sold in Portugal.
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The Man United frontman is having a new mansion built on a large plot of land in Quinta da Marinha on the so-called Portuguese Riviera, half an hour from Lisbon Airport and ten minutes from the centre of the coastal town of Cascais.
Cristiano also owns a £4.8million mansion on a gated fortress estate called La Finca near Madrid.
And the footballer’s property empire extends to his home island of Madeira where he has a seven-storey apartment block overlooking the Atlantic Ocean where his mum Dolores and older brother Hugo and his family live.
Earlier this week it was confirmed Cristiano is opening a new hair clinic in the Spanish city of Valencia next month as he moves towards “world dominance” in one of his leading business investments off the pitch.
Insparya already has several clinics in Portugal and two others in Spain – one in Madrid and another in Marbella.
And that’s on top of his hotel and CR7 lifestyle brand businesses, although Cristiano’s sister Elma Aveiro recently announced the closure of the Madeira clothes store named after the footballer.
Last year Cristiano’s family closed a restaurant in Madeira and the CR7 clothes store in Vilamoura on the Algarve shut its doors in 2020 following below-expected sales, leaving the one in Madeira the only CR7 store that was left.
Cristiano’s partner Georgina Rodriguez is one of the Insparya directors.
Last week it emerged she had signed a mega-bucks deal to star in a second series of the hit Netflix show about her rags-to-riches life.
The former shop worker’s move to Manchester following Cristiano Ronaldo’s return to Old Trafford and the birth of her twins in April will feature heavily in the new serving of ‘I Am Georgina.’
Source: Soccer - thesun.co.uk
