Real Madrid legend Ronaldo Nazario is set to takeover Real Valladolid.

O Globo says Ronaldo is already in negotiations with the club's president Carlos Suarez.

Valladolid could be sold for a cool €30m.

Ronaldo has had previous ties to Real Valladolid's vice president Jose Moro, being his partner in the wine business, Cepa 21.

The Brazilian had a previous stake in NASL franchise Fort Lauderdale Strikers.