Cristiano Ronaldo has agreed an extension to his contract with Real
Madrid, the La Liga giants have confirmed.
The Portugal forward will appear alongside Real president Florentino
Perez at a press conference later today at the Santiago Bernabeu,
where details of Ronaldo's new deal are expected to be announced.
Reports in the Spanish media suggest that the former Manchester United
ace has agreed terms on a new three-year extension to his deal, which
would commit him to the club until the summer of 2018.
It has also been reported that Ronaldo's salary has been increased to
around 17m euros per year.
The 28-year-old had been linked with a move away from the Bernabeu
following the arrival of Gareth Bale during the summer transfer
window.
The 100m-euro fee Real paid to Tottenham for the Wales winger eclipsed
the previous world-record of 94m euros they splashed out to lure
Ronaldo away from Manchester United in 2009.
Ronaldo has scored a remarkable 203 goals in 203 appearances for the
Spaniards, helping them secure the King's Cup in 2011 and the La Liga
title in the 2011/12 season.
Sky Sports' Spanish football expert Guillem Balague says that Ronaldo
had agreed the extension in the summer, but wanted to wait before
signing the deal.
When asked if the deal was a reaction to Real's world record signing
of Bale, Balague told Sky Sports News: "Not exactly.
"He will renew his contract until 2018 and he will be the best-paid
player in Spain, above Messi, on €17m (£14.2m) net, so we are entering
a new phase of wage structures here.
"Obviously, there were one or two things that Cristiano Ronaldo had to
make sure before he actually signed the contract, a contract that was
agreed in the summer around mid-July.
"Florentino Perez said in L'Equipe that Ronaldo was going to stay at
Real Madrid forever and he knew it because everything had been agreed,
just not signed.
"Ronaldo wanted to see two things. No.1, the submission of the club to
him in the sense that he wanted to feel as important as possible as
the No.1, and I think he's felt that in the last few months.
"No.2, he wanted to see Bale coming and if he was going to earn more
money than him, and if Real Madrid were going to pay more money for
Bale than they paid for Cristiano.
"Well, Bale will earn less than €17m for sure, but this is where it
gets funny as Real have always said they paid €91m for Bale, which is
less than the €96m they paid for Cristiano, but in fact they paid
€101m, so they were trying to twist the truth a little so that
Cristiano didn't get upset."
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