Home Business Cristiano Ronaldo loses $11.4m in Trump Tower apartment acquisition

Cristiano Ronaldo loses $11.4m in Trump Tower apartment acquisition

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Manchester United star Cristiano Ronaldo has reportedly taken an £8.5million hit on a luxury apartment he owned in Trump Tower.

The striker, who is struggling for form at Old Trafford and has just one goal in his last 10 games in all competitions, has built up an extensive property portfolio during his glittering career.

But Ronaldo, who bought the nine-bed flat in New York for a whopping £13.8m in 2015, was forced to sell it for just £5.3m last November, according to Spanish economic outlet Expansion.

Ronaldo first put the property on the market for £6.7m in 2019 but was forced to slash the price further after failing to receive any offers.

With former US president Donald Trump out of favour after facing a backlash during his time in office, and the impact of the pandemic, Ronaldo experienced difficulties selling the flat which has views of Central Park.

An online petition was launched in 2017 urging the footballer to move out of the property and it was signed by nearly 14,000 supporters.

Meanwhile, last October Ronaldo received a notification informing him he must demolish a tennis court and building attached to his mansion in Geres, north Portugal, by March.

Ronaldo was also reportedly forced to move out of his Manchester mansion in September 2021 due to security issues.

His security team advised him to leave the 10,000-sqaure-metre property due to a public footpath that crossed the grounds and a nearby road.

The Portuguese star was also said to be disturbed by the bleating of sheep, which interrupted his rest.

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