No offer received for Ronaldo, says Real boss

No offer received for Ronaldo, says Real boss

The barriers saw off potential challengers in the last election in 2013 and no candidate has emerged in the 10-day period since the electoral process began on June 8, leaving construction magnate Perez, who turned 70 this year, a free run to his third successive mandate and fifth overall.

However, he can only leave Real provided there is a suitor willing to take on the astronomical costs of signing him, as he's unlikely to be prepared to take a pay cut.

The days since have been dominated by transfer rumours featuring Manchester United, Paris Saint-Germain, LA Galaxy and more, while Perez has remained silent.

He told Spanish radio station Onda Cero (h/t the Mirror's Joe Mewis): "The clause for Cristiano is £1 billion".

Mourinho, though, is said not to want to make a move for the Portugal captain because of his rocky relationship with him during his time as manager at Madrid and Ronaldo's supposed declining form. I know Cristiano; he's a great guy and a professional.

IBTimes UK earlier revealed that Ronaldo wants to leave Real and he has already informed the club of his decision. I have not spoken to any [other clubs].

Ronaldo was a world-record signing of intent from United after Perez returned as president eight years ago, the forward being part of a £225million summer spending spree that also saw the likes of Kaka, Karim Benzema and Xabi Alonso move to Real.

"What happened to him has affected his credibility".

"We're definitely following him, but I can't tell you everything we'll do".

"I do not know his tax situation very well".

"The last time that I talked with Cristiano was in Cardiff, after the game".

"He has to fulfil his fiscal obligations, like all".

"He has broken all the records at the club, he has got three Champions Leagues in four years and LaLiga this year".