Cristiano Ronaldo outburst sees Coca-Cola lose $4BILLION in value as company responds to Portugal star - 7M sport

Cristiano Ronaldo outburst sees Coca-Cola lose $4BILLION in value as company responds to Portugal star



Posted Wednesday, June 16, 2021 by Thesun.co.uk

CRISTIANO RONALDO wiped $4BILLION off Coca-Cola's market value after his press conference stunt on Monday.

The Portuguese legend - who scored two late goals in a 3-0 win against Hungary - had told the watching world to 'Drink Water!' as he sat down to speak to the media.

Cristiano Ronaldo outburst sees Coca-Cola lose $4BILLION in value as company responds to Portugal star
Coca-Cola had $4billion wiped off their share value after Cristiano Ronaldo said 'Drink water!' at a press conference

Cristiano Ronaldo outburst sees Coca-Cola lose $4BILLION in value as company responds to Portugal star
Cristiano Ronaldo removed two bottles of Coke before the win over Hungary

Cristiano Ronaldo outburst sees Coca-Cola lose $4BILLION in value as company responds to Portugal star
Ronaldo, 36, has a famously strict diet

The Juventus forward had removed two bottles of the fizzy drink from the desk in front of him during his pre-match press conference ahead of their opening game win.

Coca-Cola's share price promptly dropped from $56.10 (£39.80) to $55.22 (£39.19).

At one point during the day 1.6 per cent of the company's value had been wiped off - although there was a late recovery, with the price back up to $55.44 (£39.38) at closing.

Coke has since issued a statement in response to CR7's actions, saying "everyone is entitled to their drink preferences" and that everyone has different "tastes and needs".

A spokesperson added: "Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences."

Ronaldo, 36, has a famously strict diet and avoids sugary foods, eating clean up to six times a day to maintain his incredible physique while he ages.

While still at Real Madrid, the club doctor said he had the body of a player ten years younger and could continue playing at the top level into his 40s.

While the drinks company were trying to save face on Tuesday, Ronaldo was his typical self on the pitch against Hungary.



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