Cristiano Ronaldo transfer: Portuguese winger nearing £80 million Real Madrid move

18 June 2009 12:29
Ronaldo is due to return from his summer break in the US over the weekend and the Portuguese winger could, according to sources in Portugal, be in Madrid as early as Monday in order to finalise his transfer to the Bernabeu. Florentino Perez, the Real president, is ready to sanction a deal worth more than £100m over the duration of a six-year contract for Ronaldo. With a basic salary in the region of £11m-a-year, Real anticipate that, by exploiting the player's lucrative image rights, Ronaldo's wages could grow substantially, year-on-year, in order to take his accumulated earnings beyond the £100m mark. Madrid are keen to negotiate a 50-50 share of Ronaldo's image rights, arguing that his move to Real will only increase his earning power and make him a much more attractive proposition to sponsors. The player and his representatives are understood to want the share to be split marginally in Ronaldo's favour on the grounds that the 24-year-old's popularity in the important Far East market will enable Real to break new ground in the region. Ronaldo currently has lucrative deals with Nike and Banco Espírito Santo and, despite Real having their own contract with adidas, Nike are understood to relish the prospect of exploiting the fact that an adidas-branded club have signed Nike's flagship player to increase their income from off-field deals. Despite the stand-off between Real and Ronaldo, the issue is unlikely to threaten the deal being completed before the end of the month. Real are confident that Ronaldo's long-held ambition to move to the Bernabeu will not be jeopardised by any row over image rights and the club believe that a deal can be struck within the next week. Joan Laporta, the Barcelona president, has continued to question Real's £135m swoop for Ronaldo and Kaka, however, by insisting that the European champions will not be pursuing a similar spending spree. Laporta said: "We have different cultures. We prefer to act with common sense and not spend more money than we have. "Each person is free to do what they want with their money. But I think that our model is working well because it is a one built on a culture of work and effort."

Source: Telegraph