Cristiano Ronaldo sells image rights to Valencia owner

Real Madrid star Cristiano Ronaldo has sold his image rights to Singaporean tycoon Peter Lim, owner of Primera Division club Valencia.

Ronaldo, the World Player of the Year, banked a reported £50 million (€70m) last year in salary, bonus and endorsements, making him the highest-paid team athlete, according to American business magazine Forbes.

A statement from Ronaldo’s official website read: “I am very excited to announce my latest deal with Mint Media, owned by my good friend, businessman Peter Lim from Singapore, to acquire my image rights.