Portugal 'sells' Ronaldo to Spain in £160m deal on national debt

 

Noon has passed, so check the date!

Weighed down by debt, and reeling from the latest downgrading of their country's credit status, Portugal's finance ministry has secured the co-operation of football's highest-paid player in an audacious bid to draw the nation back from the brink of economic collapse.

In a move which some observers claimed "will lead to the destruction of the World Cup", Cristiano Ronaldo has agreed to "act like a patriot" and be sold to neighbouring Spain for €160m.

Last week, Prime Minister José Sócrates resigned after his government's latest austerity package was rejected by parliament. His move followed the downgrading of his country's credit rating to the category above "junk". While Ronaldo's fee, though double the current record (paid by Real Madrid to Manchester United for Ronaldo's club affiliation in 2009) barely dents the €12bn Portugal owes, Mr Socrates, now caretaker premier, believes that the international bond markets will take it as a symbol of Portugal's determination to tackle the crisis, and respond accordingly.

Although no footballer has ever previously been "transferred" between countries, there is extensive precedent for changing nationality, especially in Spain. Two of the greats, Alfredo di Stéfano and Ferenc Puskás, played for the Spanish national team after representing other countries and then taking Spanish citizenship. Di Stéfano – who is still involved at Real Madrid and is thought to have influenced Ronaldo's decision – had played for Argentina and Colombia. Puskás even played in the 1954 World Cup final for Hungary but went into exile after the crushing of the 1956 revolution. As recently as Spain's 2008 European Championship triumph, Marcos Senna, Brazilian by birth and parentage, was a key player.

Senna, however, had not played for Brazil. Since Puskás' day, Fifa, the world governing body, has tightened its rules. Once a player has played a competitive international for one country – at any age group – he cannot switch allegiance unless he had dual nationality at the time, and was educated in the second country. Mikael Arteta, Everton's Spanish midfielder, abandoned an attempt to play for England because he had played competitively for Spain under-21s. But Fifa's secretive executive committee is expected to meet today, in extraordinary session, to adapt its statutes to permit such moves in circumstances where both governments agree.

"It's insane," said a spokesman for the Bruges-based Keep Football Pure organisation. "Those idiot administrators have not thought it through, as usual. There's now nothing to stop Qatar buying a World XI. It'll destroy the World Cup, it will turn it into another Champions League – only worse."

Opinion is divided in Portugal. While many see Ronaldo's agreement to the move as the "ultimate patriotic gesture" others regard the transfer as a "surrender". Paolo Fril, professor of political economics at Lisbon University, told The Independent: "We were ruled by a Spanish king for 60 years [1580-1640] and had to go to war to win back our independence. This is not about Spain saving us –they are restoring the Iberian Union by the back door."

There are doubts in Spain, too. The issue is not naturalising Ronaldo, but whether he is needed. Spain are the current world and European champions, with a style of play that relies more on passing than the soloist skills for which Ronaldo is known. "If we are going to buy foreigners we should buy Lionel Messi [Barcelona's Argentinian star]," said one fan.

But if Ronaldo is unappreciated in Spain, his skills may be in demand elsewhere. Late last night, reports suggested that David Cameron was preparing a counter-offer, of £200m, to persuade Ronaldo to play for England. "The Premier League is where Ronaldo became a star," said the Prime Minister, "so it is only right and proper he should play for England." He added that Vince Cable had proposed a "Ferrari tax" to pay for it, though Ronaldo himself would be given exemption.

Noon has passed, so check the date!

News
The surrealist comedian at the Q Awards in 2010
people
News
Russell Brand arriving for the book launch in East London
peopleRussell Brand cancels his book launch debate due to concerns about the make-up of the panel
Sport
Christiano Ronaldo enjoys his opening goal
champions leagueLiverpool 0 Real Madrid 3: Ronaldo and Benzema run Reds ragged to avenge thrashing from their last visit to Anfield
Arts and Entertainment
Awesome foursome: Sam Smith shows off his awards
music22-year-old confirms he is 2014’s breakout British music success
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Life and Style
Six of the 76 Goats' cheese samples contained a significant amount of sheep's cheese
food + drink
Arts and Entertainment
Contestants during this summer's Celebrity Big Brother grand finale
tvBroadcaster attempts to change its image following sale to American media group
Extras
indybest
Arts and Entertainment
Sir Nicholas Serota has been a feature in the Power 100 top ten since its 2002 launch
art
Arts and Entertainment
Sarah Dales attempts to sell British Breeze in the luxury scent task
tvReview: 'Apprentice' candidate on the verge of tears as they were ejected from the boardroom
News
Call me Superman: one of many unusual names chosen by Chinese students
newsChinese state TV offers advice for citizens picking a Western moniker
News
Wilko Johnson is currently on his farewell tour
people
Voices
New look: Zellweger at Elle's Women in Hollywood awards on Monday
voicesRenée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity, says Amanda Hess
News
Let’s pretend: KidZania in Tokyo
educationKidZania lets children try their hands at being a firefighter, doctor or factory worker for the day
Life and Style
CHARGE BOOSTER: Aeroplane mode doesn't sound very exciting, but it can be a (phone) hacker's friend. Turning on the option while charging your mobile will increase the speed at which your phone battery charges
techNew book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone
Arts and Entertainment
Julianne Moore and Ellen Page are starring together in civil rights drama Freeheld
film
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?