Trump Tower Condo at 60% Off Price; Int’l Soccer Star Takes Huge Loss

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Cristiano Ronaldo, the Portuguese soccer star, is willing to sell his Manhattan condo at the controversial Trump Tower at a loss, following backlash. Photo Credit: AP

By: Ellen Cans

It’s not always easy being a celebrity.

Cristiano Ronaldo, the Portuguese soccer star, is willing to sell his Manhattan condo at the controversial Trump Tower at a loss, following backlash. Ronaldo is currently the most-followed celebrity on Instagram with 298 million followers. The hype might not always be what it’s cracked up to be.

As reported by the NY Post, the 36-year old forward for team Juventus has been getting heat from fans for owning a residence in the condo tower bearing the name of former Republican president Donald Trump. Beginning in 2017, fans have been pressuring the star to sell his three-bedroom, 3.5-bathroom unit at the luxury Fifth Avenue Trump Tower. He had first purchased the pad for $18.5 million in 2015, before Mr. Trump was elected president. Within two years, fans were signing petitions for him to sell the 2,510-square-foot home. In 2019, he listed the home for sale asking just $9 million, or about half what he had paid. With the pandemic and anti-Trump rhetoric, the apartment had no buyers.

As per the Post, the apartment is currently being listed for only $7.75 million, as per property records on May 19. The apartment certainly doesn’t look so bad. The foyer features impressive black and white limestone designer floors and leads to the art gallery and living room. The living spaces, with burnished koa wood-paneling, boast 18th-century parquet de Versaille floors, as per the realtor listing. The pad also has floor to ceiling windows and panoramic views of Central Park and the Manhattan skyline. Building amenities include a private entrance, round-the-clock security, fitness room, valet, maid service, 24-hour concierge and a private restaurant.

The monetary loss posed by the sale will probably not make much of a dent for the soccer pro. As per Forbes, formerly with Real Madrid, Ronaldo is one of the highest paid athletes in the world. He boasts a net worth of $500 million. Known as one of the greatest soccer players of all time, in 2020 he earned $120 million —about $70 million from his salary and another $50 million from endorsements with companies including Nike, Clear Shampoo, and Herbalife. His active four-year contract with Juventus alone is worth roughly $64 million a year, and expires in 2022. He is on track to earn over $1 billion throughout his career from salary and endorsements, a milestone that no other soccer player has passed.

Ronaldo and his reps did not respond to requests for comment by the Post.