Ronaldo removes Coca Cola bottles at PC, company takes USD 4 billion hit: Report

According to media reports, the share price of Coca-Cola, one of the official sponsors of Euro 2020, slipped from USD 56.10 to USD 55.22 almost immediately after Ronaldo's gesture.

Published : Jun 16, 2021 18:32 IST , Budapest

Portugal's Cristiano Ronaldo during the press conference on Monday.
Portugal's Cristiano Ronaldo during the press conference on Monday.
lightbox-info

Portugal's Cristiano Ronaldo during the press conference on Monday.

Portuguese superstar Cristiano Ronaldo removed Coca-Cola bottles placed in front of him at a European Championships press conference, which reportedly cost the global beverage giant a staggering USD 4 billion.

A well-known fitness enthusiast, Ronaldo set aside two Coca-Cola glass bottles which lay in front of him during a press conference ahead of Portugal's opening Euro match against Hungary on Monday.

In a video that has since gone viral, the 36-year-old Juventus striker picked up a bottle of water instead saying "Agua!" in Portuguese, seemingly urging people to choose water over aerated drinks.

According to media reports, the share price of Coca-Cola, one of the official sponsors of Euro 2020, slipped from USD 56.10 to USD 55.22 almost immediately after Ronaldo's gesture.

The market valuation of Coca-Cola went from USD 242 billion to USD 238 billion, a fall of USD 4 billion Reacting to the incident, Coca-Cola in a statement said "everyone is entitled to their drink preferences" with different "tastes and needs".

READ|

Ronaldo has spoken about his uneasiness with carbonated drinks earlier as well. In December last year, he had tweeted, ""My son has potential, We'll see if he will become a great footballer.

"Sometimes he drinks Coke and eats crisps and it irritates me." Ronaldo went past France's Michel Platini to become the all-time top-scorer of the tournament as he scored a brace, leading his side to a 3-0 win over Hungary on Tuesday.

Defending champions Portugal will clash with Germany next on Saturday.

On Tuesday, France mid-fielder Paul Pogba removed a bottle of Heineken beer that had been placed in front of him at a press conference.

Pogba, a practising Muslim, removed the bottle when he sat down to speak to the media after his side's 1-0 win over Germany.

Sign in to unlock all user benefits
  • Get notified on top games and events
  • Save stories to read later
  • Access to comment on every story
  • Sign up / manage to our newsletters with a single click
  • Get notified by email for early bird access to discounts & offers to our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide to our community guidelines for posting your comment