After joining to partnership with Pestana Hotel Group to invest in hotel industry, Crisriano Ronaldo has purchased a hotel in Monte Carlo,Monaco for $140 million.

According to the Proto Group, the deal to purchase the Monaco property was completed last week and is a collaboration between the real estate agent, owned by Italian Alessandro Proto, and America’s Donald Trump.

Cristiano Ronaldo’s CR7 brand is the main inspiration behind the new hotels, which will be boutique in style and will appeal to the modern day millennial traveller.The Real Madrid forward is expected to come out with over four hotels in the next two years.

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