Cristiano Ronaldo signs Al Nassr contract extension


Steve Luckings
  • English
  • Arabic

Cristiano Ronaldo has ended speculation about his future by signing a two-year contract extension at Al Nassr.

Ronaldo, 40, who joined the Saudi Pro League club at the end of 2022, has signed with the Riyadh side for a further two years until the summer of 2027.

Nassr published a video across their social media channels with the caption: “The story continues.” It ends with Ronaldo saying the words: “Al Nassr forever.”

Ronaldo posted a picture of himself holding up a Nassr shirt with “2027" on the back and the message: “A new chapter begins. Same passion, same dream. Let’s make history together.”

Thursday's announcement ends months of speculation that the Portuguese superstar was set to leave the club when his contract expired on June 30, especially after a cryptic message he posted on social media last month saying “the chapter is over”.

Fifa president Gianni Infantino poured petrol on the fire when he suggested Ronaldo could join a team involved at the ongoing Fifa Club World Cup in the US.

An extra transfer window (June 1-10) was in effect to allow the 32 clubs competing at the revamped tournament to sign players.

Ronaldo doused those flames days later when he revealed he would not play at the tournament, but that he had received “plenty of invitations” to play.

Al Nassr shocked the footballing world when they announced the signing of Ronaldo on New Year's Eve 2022, weeks after the striker had his contract with Manchester United terminated.

Though his move has elevated the Saudi Pro League to unprecedented levels, Ronaldo is yet to win a major trophy with Nassr.

They finished second in his first season at the club in 2022/23 and ended runners-up again the following campaign, trailing Riyadh rivals and champions Al Hilal by 14 points.

The 2024/25 season saw Nassr finish third and be eliminated from the AFC Champions League Elite at the semi-final stage.

He will begin next season under a new head coach following the dismissal of Italian Stefano Pioli on Wednesday.

Despite Nassr missing out on a trophy, the former Real Madrid and Juventus star proved he is still a prolific finisher, scoring 34 goals in 40 appearances. In all, he has scored 99 goals in 111 appearances for the Saudi club.

He also helped Portugal win the Uefa Nations League two weeks ago, scoring a record-extending 138th international goal as Spain were defeated in the final on penalties.

The five-time Ballon d'Or winner is closing in on a scarcely believable 1,000 senior career goals, needing 63 more to reach the milestone.

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MATCH INFO

Uefa Champions League semi-finals, first leg
Liverpool v Roma

When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome

The Specs:

The Specs:

Engine: 2.9-litre, V6 twin-turbo

Transmission: 8-speed automatic

Power: 444bhp

Torque: 600Nm

Price: AED 356,580 incl VAT

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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

US households add $601bn of debt in 2019

American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.

Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.

Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.

In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.

The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.

"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.

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Display: 6.8" edge quad-HD  dynamic Amoled 2X, Infinity-O, 3088 x 1440, 500ppi, HDR10 , 120Hz

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Memory: 8/12GB RAM

Storage: 128/256/512GB/1TB

Platform: Android 12

Main camera: quad 12MP ultra-wide f/2.2, 108MP wide f/1.8, 10MP telephoto f/4.9, 10MP telephoto 2.4; Space Zoom up to 100x, auto HDR, expert RAW

Video: 8K@24fps, 4K@60fps, full-HD@60fps, HD@30fps, super slo-mo@960fps

Front camera: 40MP f/2.2

Battery: 5000mAh, fast wireless charging 2.0 Wireless PowerShare

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SIM: single nano, or nano and SIM, nano and nano, eSIM/nano and nano

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

 

 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Updated: June 26, 2025, 3:32 PM