Soft drink maker suffers Rs627 bn loss after Ronaldo ‘bottle’ incident

LONDON: A day after football legend Cristiano Ronaldo removed the Coca-Cola bottles from his table ahead of a press-conference, the brand took a $4 billion (Rs627 billion) hit in its stock value.

As per a report in The Daily Star, the prices of the beverage company dropped by 1.6 per cent and the value went down from $242 billion to $238 billion. Ronaldo is not a fan of the carbonated soft drinks and endorsed people to consume water instead. The video of the incident went viral in no minutes.

Portugal skipper Cristiano Ronaldo scored a brace against Hungary in their opening game of Euro 2020 in Budapest on Tuesday (June 15) and in the process, the star striker moved beyond France's Michel Platini as the record goalscorer at the European Championship finals, taking his tally to 11 at the Puskas Area in Budapest on Tuesday.

Ronaldo and Platini had been locked on nine goals apiece before the tournament, but the Portuguese winger's double late on against the Hungarians added to his growing tally of records.