Football player Ronaldo has sunk Rs 29,300 crore in Coca-Cola, know what the whole thing is

This short walk by footballer Cristiano Ronaldo ruined the Coca-Cola game. In fact, a bottle of Coca-Cola was removed from their front during a press conference ahead of Portugal’s Euro 2020 match against Hungary. This has resulted in the world’s largest coca cola costing Rs 29,300 crore. Cristiano Ronaldo is a global superstar and everything he does is influenced off the field. Before the Hungarian match at Euro 2020, Portugal captain Ronaldo shouted angrily, “There are no cold drinks (Coca-Cola), we have to practice drinking water.

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Portugal’s star striker Cristiano Ronaldo is no doubt one of the best players in the world. At the age of 36, the Portuguese superstar is able to compete with players 10 years younger than himself. Although Coca-Cola was one of the sponsors of Euro 2020, Ronaldo did so and urged everyone to ‘drink water’. Such a suggestion by the global football superstar has made the Coca-Cola brand worth US $ 4 billion or USD 29,300 crore.

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According to media reports, since this happened, Coca-Cola’s share price is up from $ 56.10. It was down to 55.22. Coca-Cola’s share fell 1.6% after Ronaldo’s instruction. Then the market value of the brand dropped from $ 242 billion to $ 8 238 billion ($ 4 billion drop). This move by Ronaldo created an atmosphere against the Coca-Cola Company, which affected the company’s share price.

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