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Real Madrid star Cristiano Ronaldo and Portugal's leading hotel chain, Pestana, will open a new hotel in Marrakech in 2019.

CR7 -- a trademark of the Portugal captain's initials and his squad number-- and Pestana Hotel Group will invest €40 million on the 4 star, 168-room hotel in Morocco which will then be leased. The project will be financed and owned by Moroccan investor M Avenue.

The hotel in Marrakech is the fifth under the Pestana CR7 Lifestyle hotels brand with one each already opened on Madeira Island, where the two partners hail from, and in Lisbon.

There are two hotels currently under construction, which will be open late this year, in Madrid and in New York.

Forbes considers Ronaldo the world's highest-paid footballer -- and highest-paid team athlete -- with $93m (£71.7m) in earnings, made up of an annual salary of $58m (£44.7m) and $35m (£26.9m) in endorsements.

THis guy called CR7 is good

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