Cristiano Ronaldo will be signing a new contract extension for his continued stay at Real Madrid until June 2021.
It seems the 31-year-old Portuguese forward has committed his future to Real Madrid and plans to retire at the Spanish club.
On Sunday, Real Madrid announced on its website that the official event for the renewal of Cristiano Ronaldo’s contract will take place on Monday 7 November at 1:30pm in the presidential box at the Santiago Bernabeu stadium.
Ronaldo, had a deal that was slated to run until June 2018, and talks regarding an extension between his agent, Jorge Mendes, and Blancos chief Florentino Perez reportedly began weeks ago. In June, Ronaldo said that he could see himself playing until he was 40.
Reports say that Ronaldo’s weekly wage will remain at around £365,000. Ronaldo is already the world’s highest paid sportsman according to American magazine Forbes, raking in £70 million between his salary and endorsements in 2016.
The Portuguese forward joins Gareth Bale in signing a new deal at the club. Last month Bale became Real’s best-paid player with a £150m six-year deal. The 27-year-old Bale joined the club in September 2013 for a then world-record transfer fee of £85m.
Luka Modric, Toni Kroos, Lucas Vazquez and Gareth Bale have all signed new contracts in past few weeks, with reports in England claiming Bale had replaced Ronaldo as Madrid’s highest-paid player.
Defender Pepe, whose deal ends next summer, and playmaker Isco, whose contract runs until June 2018 are other Madrid players in the queue for renewals.
Since joining Real Madrid from Manchester United in 2009, Ronaldo has scored 371 goals in 360 games. He has helped the Spanish club win the Champions League twice and one La Liga title since moving to Spain’s capital seven years ago.