Cristiano Ronaldo’s Entry into Media Business and Friction with Cofina Media

Cristiano Ronaldo has entered the media business through the acquisition by Expressão Livre, a group of investors to which he belongs, of Cofina Media, the company that manages some well-known Portuguese media such as Correio da Manhã, Record and Business Journal. In a statement sent to the Portuguese Securities Market Commission (CMVM), the Cofina Group, of which Cofina Media is a subsidiary, reported that it has ceased its relationship with the subsidiary, after the ownership of the shares of Cofina Media was transferred to the group of investors. Read here: What Zinedine Zidane said about Lionel Messi Expressão Livre is made up of several investors, including Cristiano Ronaldo, who had old friction with Cofina Media, but who showed interest in entering its management in the middle of this year. On October 26, the shareholders of the media consortium approved the sale of all of Cofina Media to Expressão Livre, which, according to Jornal de Negócios, offered 56.8 million euros for the shares. The history of friction between Cristiano Ronaldo, 38, and the Correio da Manhã television channel goes back years and has even gone through the courts. The most notorious incident occurred during the 2016 Euro Cup won by Portugal, when a journalist from the group approached Cristiano during a morning walk of the team, after which the Saudi Al Nassr player snatched the microphone from him and threw it into a lake. . Read here: Official: Luis Díaz summoned to the Colombia National Team matches The footballer even took the newspaper to court on two occasions, in 2011 and 2015. “I have no respect for that newspaper because it is constantly inventing news, inventing controversies, inventing a bad relationship, a bad atmosphere in the national team. “He has been constantly attacking the team since I started in the national team,” Cristiano said in 2014. Also in March 2023, Cristiano did not let a reporter from the network ask him any questions during a press conference, which provoked protests from local journalists’ associations.
2023-11-10 01:15:52
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