Real Madrid speaks on reducing Ronaldo’s transfer fee to €120million

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Real Madrid have denied reports that the club has lowered Cristiano Ronaldo’s €1billion release clause to just €120million, in a bid to sell him this summer.

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OK Diario claimed that the LaLiga giants initially reduced the clause to €400million, before later knocking off another €280million.

The Spanish publication added that the new clause exempts Barcelona, any other club in Spain and Paris Saint-Germain.

It also claimed that since Madrid cut his release clause by €890million, Manchester City, Arsenal, Chelsea and AC Milan had all informed the Ronaldo’s agent they are ready make a move.

The report has since been rubbished by Real Madrid, according to Marca.

Related Post: Real Madrid offers Ronaldo new contract to counter Man Utd, PSG [ See Details ]

Marca insists that the European champions will insist on the full release clause, before the 33-year-old is allowed to leave the Santiago Bernabeu.

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