Friday 26 June 2009

Ronaldo signs six year deal at Real Madrid



Cristiano Ronaldo has completed his £80 million world record transfer to Real Madrid, signing a six-year contract.

"Real Madrid and Manchester United have signed the final agreement for the transfer of the rights of the player Cristiano Ronaldo effective July 1," the Spanish club said.

"The player will remain at Real Madrid for the next six seasons and will be presented on July 6 at the Bernabeu stadium," a statement read.

Portugal international Ronaldo, the World Footballer of the Year, becomes the third confirmed signing under new Real president Florentino Perez, who has returned to the club pledging to create a "spectacular sporting project".

Perez spent around 67 million euros on AC Milan's Brazilian playmaker Kaka and has also brought in Spain defender Raul Albiol from Valencia for a reported fee of 15 million euros.

Real and Ronaldo's representatives had been negotiating personal terms since United announced this month they had accepted the Madrid club's offer.

There were no details of the agreement in the Real statement. Spanish media have reported that Ronaldo will earn around 13 million euros per season.

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