Coca Cola loses $4 billion as Cristiano Ronaldo removes bottles and 'endorses' water at a presser

DY365
DY365
Published: June 16,2021 11:59 AM
DY365

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Following Cristiano Ronaldo's removal of Coca-Cola bottles from a Euro 2020 news conference on Monday, the company's market value was slashed by $4 billion.

June 16, 2021: Following Cristiano Ronaldo's removal of Coca-Cola bottles from a Euro 2020 news conference on Monday, the company's market value was slashed by $4 billion.



When the soft drinks were brought in front of Ronaldo's seat during a press conference ahead of Portugal's game against Hungary on Monday. The 36-year-old hid them from the display and advised them to instead 'drink water.'



The gesture was timed to coincide with a big drop in Coca-Cola's stock price.





Cristiano Ronaldo was discontent with Euro 2020 coordinators for keeping two Coca-Cola bottles in the press conference room. The American drink organization is the sponsor of Euro 2020.



In any case, after seeing the Coca-Cola bottles before him in the press conference room, Cristiano Ronaldo immediately removed the bottles from the camera and lifted a bottle of water, and said "agua" (water), asking individuals to drink water over such sweet beverages.



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Ronaldo is one of the game's fittest players. To perform well on the football field, he is known to follow a stringent diet and fitness routine.



Ronaldo just scored two goals against Hungary to surpass France's Michel Platini as the all-time leading goal scorer with 11 goals.