NEWS
Thursday August 4 2016
Ronaldo to renew ‘this month’

Cristiano Ronaldo’s Real Madrid contract will officially be renewed this month, once player and club representatives have met in person.

Ronaldo is still on holiday after 2015-16 and Euro 2016, AS notes, but has discussed the issue over the phone with President Florentino Perez, and he and his agent Jorge Mendes will meet with Perez when Ronaldo is back training on August 10.

The only significant detail to be determined is whether or not the Portugal captain’s new deal runs until 2020 or 2021 and while no official date is set for the contract to be signed, it’s expected to be done in August.

Prior to the internationals at the end of the month is an option and Ronaldo isn’t expected to be called-up for Portugal’s friendly with Gibraltar, so that window provides a chance for the presentation and ceremony to be held.

Ronaldo’s new deal is expected to keep his salary at nearly €21m net per season and as it’s the last big contract he’ll sign, could include provisions for future automatic renewals, but that needs to be discussed between Perez, Mendes and Ronaldo.

Football Italia website