EURO 2020: Coca-Cola responds after Cristiano Ronaldo gesture leaves soft drinks giants suffer $4 billion loss
Xtra Time Web Desk: Soft drinks giant Coca Cola has responded to the gesture from Cristiano Ronaldo which created quite a stir around the world. The Portugese superstar removed two bottles of the soft drink company placed on the table at the pre match press conference ahead of the EURO 2020 Group F opener against Hungary.
Ronaldo looked visibly upset to see the soft drink bottles placed on the table. So he decided to move them and started shouting ‘drink water’, holding a bottle of mineral water. This gesture saw Coca Cola lose $4 billion from its market value and its shares dropped 1.6 per cent.
Later, in a statement, a Coca-Cola spokesperson said, "Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences." The spokesperson added that people have different “tastes and needs”.
Coca-Cola is one of the official sponsors of Euro 2020.
On Tuesday, France midfielder Paul Pogba removed a bottle of Heineken beer that had been placed in front of him at a Euro 2020 news conference. Pogba, a practising Muslim, removed the bottle when he sat down to speak to the media after he was named 'Man of the Match' in France's 1-0 Group F win over Germany.
