Brazilian legend Ronaldo Nazario is expected to complete 30 million euros takeover of new promoted La Liga club Real Valladolid.

The two time World Cup and Ballon d’or winner has been linked with a takeover bid at Real Valladolid for a few months now.

Valladolid who finished fifth in the Segunda division last season were promoted to La Liga following the playoff victory over both Sporting Gijon and Numancia.

It looks like the club will be on the verge of an exciting takeover , with Cadena Ser saying Ronaldo is closing in on the purchase.

Current owner and president of Valladolid Carlos Suarez is set to step away from the role and take over as the clubs executive president should the former Barcelona, Inter Milan and Real Madrid man complete his takeover.

With the club reportedly in fairly substantial debt, extra investment is very much needed that and its reported that Ronaldo is the strongest candidate and a deal can be done in the next couple of weeks.