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Coca-Cola suffered a loss of USD 4 Billion due to Cristiano Ronaldo

Coca-Cola and Cristiano Ronaldo

Coca-Cola suffered a loss of USD 4 Billion due to Cristiano Ronaldo. Cristiano Ronaldo, a Portuguese star was seated at the Euro 2020 press conference. At the conference table, 2 Coca-Cola bottles were kept in front of him. But Cristiano Ronaldo did not seem to be a fan of carbonated drinks.

Cristiano Ronaldo moved the 2 Coca-Cola bottles kept in front of him and further on raised the water bottle, encouraging people to drink water instead. This action of Cristiano Ronaldo of moving the Coca-Cola bottles had a very negative impact on the brand. The brand suffered a huge loss.

Coca-Cola and Cristiano Ronaldo
Coca-Cola and Cristiano Ronaldo

Cristiano Ronaldo

Cristiano Ronaldo moved the bottles of the carbonated drink and then shouted in Portuguese, “Agua”. Considering the fan base of Cristiano Ronaldo the brand had to g through a huge downfall.

Coca -Cola’s stock prices dropped by 1.6%. The brand value of Coca-Cola went from worth USD 242 Billion to USD 238 Billion. Coca-Cola’s brand value dropped by USD 4 Billion dollars just by a small act of Cristiano Ronaldo.

coca cola net worth
coca cola net worth

Chiranshu Walia

Chiranshu Walia is an IT guy who takes care of all the technical aspects of the website. He also has a keen interest in writing, especially in the entertainment category. He loves to experiment and a risk-taker, which makes him an extraordinary element of Trendy Bapu.

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