Ronaldo’s snub sees Coca-Cola’s market value drop by $4bn

One of the hottest attackers at the ongoing Euro 2020 Cristiano Ronaldo is not a fan of carbonated soft drinks after he was seen removing two bottles of Coca-Cola kept in front of him during Monday’s Euro 2020 press conference, encouraging people to drink water.

The 36-year-old striker moved the bottles aside as he sat down to speak to the media ahead of their Group F opener against Hungary on Tuesday, a game in which he scored a brace as Portugal ran out 3 nil winners.

After Ronaldo’s gesture, Coca-Cola’s share price dropped from  $56.10 to $55.22 almost immediately, a 1.6% dip. The market value of Coca-Cola also fell from $242bn to $238bn – a drop of $4bn.

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Regardless, Coca-Cola, who are one of the official sponsors of the ongoing Euro 2020 tournament replied on Tuesday with a statement; “everyone is entitled to their drink preferences” with different “tastes and needs”.

Meanwhile, a spokesperson for the Euros said: “Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences.”

France and Manchester United midfielder Paul Pogba also removed a bottle of Heineken beer that was placed in front of him at the Euro 2020 press conference on Tuesday.

Pogba is a Muslim and was seen removing the bottle when he sat down to speak to the media shortly after he won the man of the match award in France’s 1 nil win over Germany in Group F.

Both players will play against each other for the teams before the group stage round comes to a close.