Cristiano Ronaldo to sign new five-year contract with Real Madrid

Real Madrid soccer star Cristiano Ronaldo has extended his tenure with Spanish giants till 2021 after agreeing to sign a bumper new five-year contract with the club on Monday.

"The official event for the renewal of Cristiano Ronaldo'scontract will take place tomorrow, Monday 7 November at 1:30pmin the presidential box at the Santiago Bernabeu stadium,"Madrid said in a statement yesterday.

"The Portuguese forward will extend his contract until 30June 2021 at the event attended by club president FlorentinoPerez and the player himself."

Ronaldo, 31, follows in the footsteps of Gareth Bale, LukaModric and Toni Kroos as the latest Real star to agree acontract extension in recent weeks as the club prepares toserve a one-year transfer ban imposed by FIFA.

According to UK media reports Bale's lucrative new six-year deal will earn the Welshman as much as USD 750,000 aweek before tax.

However, Ronaldo, whose previous deal expired in 2018 is expected to remain the highest earner at the Santiago Bernabeu.
Ronaldo is already the world's highest paid sportsmanaccording to American magazine Forbes, raking in $88 millionbetween his salary and endorsements in 2016.

Ronaldo has shot himself into the Real record books by plundering 371 goals in 360 games in his eight seasons sinceswapping Manchester United for Madrid for a then world recordfee in 2009.

And Madrid boss Zinedine Zidane called on Ronaldo to end his playing days in Spain like he did when retiring from clubfootball in 2006.
"What he has to do is finish his career here," said Zidane after Sunday's 3-0 win over Leganes extended Madrid's lead at the top of La Liga.
"Cristiano is unique for what he has done and what he is doing.

"It is his dream to end his career here. I am happy thathe can renew and finish with this white shirt like I did along time ago."
As well the individual accolades of winning the Ballond'Or in 2013 and 2014 for the world's best player sincejoining Madrid, Ronaldo has won eight trophies with LosBlancos. Most notably he scored in the 2014 Champions League final against Atletico Madrid as Real ended a 12-year wait to win their 10th European Cup.

Ronaldo was Atletico's scourge again as he netted thewinning penalty in a shootout victory to once again win theChampions League in May.
His only La Liga title came under Jose Mourinho in the 2011/12 season.

However, arguably Ronaldo's crowning glory came in leadingPortugal to their first ever international tournament win at Euro 2016.
After suffering knee ligament damage in the Euro 2016 final, Ronaldo has endured a slow start to this season.

His scoreless performance against Leganes extended hisworst ever goal drought at the Bernabeu to five matches. However, Madrid's confidence in handing out a huge dealthat will secure Ronaldo's position as the world's highestpaid sportsman has not been shaken.

"There is nothing wrong, he is not worried," insisted Zidane. "He looks good, he is motivated, he likes to scores goalsand even more so in this stadium, but he is calm."