Ronaldo explains why he opened hair transplant clinic at Madrid

Juventus forward Cristiano Ronaldo has indicated that his new hair transplant clinic aims to assist both Spanish people, as well as the country's economy.

The Portuguese attended the inauguration of the company, which belongs to the Insparya group, but is 50 percent owned by himself.

"Alopecia is a very big problem in Europe and around the world and we want to help people improve their self-esteem and not be ashamed to come to us," Cristiano said.

"Everyone likes to take care of their image and I am a very clear example of this, and that is why when Paulo (Ramos, CEO of the group) told me about this project I immediately realised that it was something unique.

"This project is going to be a success, as we want to help the Spaniards and the Spanish economy."

Insparya group own 10 clinics in Portugal and have made about 35,000 transplants, as their treatments last about six hours and cost between 4,000 and 7,000 euros.