Real Madrid are set to offer Cristiano Ronaldo a new contract with the player set for a bumper pay increase that will end speculation about his future at the club.
Madrid based media outlet AS are reporting that the Real Madrid board have started negotiations with Ronaldo and his representatives with a contract offer ready for the Portugal international that will see his wages increase from €21m a year to €30m.
The world footballer of the year’s contract currently expires in 2021, with the club expected not to extend his deal. The deal is designed to keep Ronaldo at the club until his current deal expires with a sweetener of extra money to keep him happy.
Only last summer Ronaldo threatened to leave Real and Spain after being caught up in a tax-evasion case. However, the investigation into that matter has calmed down now with the player seeming happy in Madrid again.
The deal is also designed to keep other clubs from bidding for the player after the 33-year-old was linked with a move back to his former club Manchester United.
The player has seen a return to form in the second half of this season by leading Real to yet another Champions League semi-final. Los Blancos will come up against Bayern Munich on Wednesday for the first-leg of the last four tie.
Real will be hoping to make history yet again by claiming a hat-trick of Champions League wins, a feat no team has accomplished since Bayern won the old European Cup format back in the mid-70’s. Winning the Champions League will certainly earn Ronaldo another World Player of the Year title.
He will also be hoping to carry his late-season form into this summers World Cup in Russia where he hopes to guide European Champions Portugal to their first World Cup title.