Speculation continues to surround the Portuguese star's future following his revelation that he has not signed a new deal with los Blancos despite claims to the contrary.
|11/8||Cristiano Ronaldo is 11/8 with BetVictor to join Manchester United
"He's our most important asset, and we will build the future of madrid around him," he told 20minutos.
"Soon we will clarify this issue. I have no doubt that Cristiano is going to retire at Real Madrid. I'm convinced that he'll renew. The renewals are done before the season starts."
Reports also suggested that the 66-year-old had lined up an incredible swoop for Barcelona's Lionel Messi using the cash made from a sale of Ronaldo but he refuted the claims.
He added: "Not at all. This is a myth. I was going through a bad time and the only thing I said is that I would do everything possible to make him stay. Not everything is money and these players need to feel wanted."
Ronaldo's current contract at the Santiago Bernabeu expires in 2015.