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Real Madrid have followed up the world-record summer signing of Gareth Bale by tying down Cristiano Ronaldo to a new contract extension to keep him until summer 2018.
The 28-year-old Portugal international winger, who scored in Saturday evening’s 2-2 La Liga draw at Villarreal along with debutant Bale, had been linked with a move away from the Spanish giants during the summer as former club Manchester United were thought to be leading the chase.
However, no move materialised and ahead of a planned press conference alongside Real president Florentino Perez on Sunday afternoon, it is being reported that Ronaldo has agreed to add three more years to his current deal and will earn an extra 17m euros per year.
The news will be a massive boost for Real Madrid and coach Carlo Ancelotti, who is looking to guide the club to the Spanish title and Champions League glory in his first season in charge.
Ronaldo has proved to be worth every penny of the £80million Real Madrid paid Manchester United for his signature in summer 2009 as he has scored 203 goals in 203 appearances, helping them win the King’s Cup in 2011 and the La Liga title in the 2011/12 season.