Real Madrid star Cristiano Ronaldo has revealed he will be undertaking a new business venture at the end of this year – find out what it is here!

The Portuguese forward has announced an investment in four hotels with Portugal's biggest hotel chain, Pestana Hotels & Resorts.

Ronaldo confirmed that the deal for the four hotels are reportedly worth £54 million, with the first to be opened in his hometown of Funchal, Madeira.

The other three hotels will be built in Lisbon, Madrid, where he currently plays, and New York.

"My job is to play football, but life won't always be like this," Ronaldo told FourFourTwo.

"I have to dedicate myself to this new project and I have the best team in the world around me to help.

"I am young, but I feel much fulfilled, so this project is exciting for me. I'm thinking about my future, and my son and my family.

"A person like me, I'm a fighter, ambitious and always striving for more."

Do you think Ronaldo should consider opening a hotel in South Africa?