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“Drink water” suggestion by Christiano Ronaldo knocks nearly £3 billion off Coca-Cola value

More than £2.8 billion was wiped off the value of Coca-Cola after footballer Christiano Ronaldo appeared to shun the drink at a pre-match press conference.

The star held aloft the Coca-Cola bottle and moved it out of shot from cameras.

He held up a bottle of water and said “aqua” – suggesting it was what people should be drinking.


The gesture saw shares in the fizzy drink company drop by 1.7 per cent – though it later recovered some losses.

Portugal’s Ronaldo went on to score two goals in the 3-0 win against Hungary in the Euro 2020 match.

Coca-Cola responded to the footballer’s action.

It said: “Everyone is entitled to their drink preferences with different tastes and needs”.

A spokesman for the Euro 2020 said:

“Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences.”



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