Cristiano Ronaldo was recently gifted a watch by the founder of Jacob & Co., Jacob Arabo, following his visit to Riyadh last week.

It is believed that the watch is said to cost around £1.05million ($1.3m) – with Ronaldo being personally handed the watch by Arabo.

After which, the pair shared a handshake and a hug. Many eagle eyed fans may have noticed that the Al-Nassr star was posing in a £1.691 ($2,080) Givenchy outfit.

After Arabo gifted the 38-year-old with the expensive watch, the pair posed for a pictured alongside Ronaldo’s girlfriend Georgina Rodriguez.

It has been ten months since Ronaldo left European football to join Saudi Arabia giants Al-Nassr.

Cristiano Ronaldo was recently gifted a watch by the founder of Jacob & Co., Jacob Arabo

After which, the five-time Ballon d’Or winner shared a handshake and a hug

The pair then posed for a picture along with Ronaldo’s girlfriend Georgina Rodriguez

Given his stature in the game, Ronaldo has been treated like a king since moving to Saudi Arabia.

Earning a staggering £175million-per-year, the five-time Ballon d’Or winner is staying in an exclusive gated community with round-the-clock security and has received gifts like £630,000 custom-made watches.

In January, he was awarded a unique £630,000 watch in recognition of his money-spinning move to Saudi Arabia.

It is believed that the watch is said to cost around $1.3million