The Portuguese feels that Los Blancos are too dependent on his compatriot, while revealing that Florentino Perez intervened in team selections during his playing days
The 41-year-old Portuguese, who won La Liga twice with Los Blancos, feels that the Spanish giants will ultimately pay the price if other players do not lighten his compatriot's load.
"[Ronaldo] always plays to a very high level," Figo told Radio Marca. "He's an impressive player, he wants to improve, he's a top professional and he makes the difference with the quality he has.
"But, despite the figures he posts, Real Madrid can't rely on just one player. That would be a really bad thing. There'll be moments in the season when Cristiano won't be decisive and it'll be down to the team [to step up]."
Ronaldo has scored 23 goals in 18 appearances across all competitions this season, putting him right in contention for the Ballon d'Or, but Fifa president Sepp Blatter recently suggested that Lionel Messi is more deserving of the accolade, much to the annoyance of Figo.
"Someone in [Blatter's] position ought not to make those kinds of comments, although a really big deal was made of it," the former Inter winger mused. "But he should have been more careful.”"
Figo also revealed that Madrid president Florentino Perez, who was also at the helm during his time at the Santiago Bernabeu, often interfered in team selections.
Asked whether Perez had ever had him dropped to the bench, Figo replied: "Yes, it did happen to me, no doubt about it, but it's in the past and I move on from that. There’s no issue. I've already spoken my feelings. I was calm when I left. Everything comes to an end; you move on and look for happiness elsewhere."
Club captain Iker Casillas has struggled for first-team football of late but Figo feels that the fans should never forget what a great servant the World Cup winner has been to the team.
"It's like anything in life, but even more so in football: People have very short memories," he argued. "What counts is what you did last weekend or during the last two weekends. There has to be respect for what you've done and he has to be treated in the best way possible."
Pressed on whether Casillas should leave the Santiago Bernabeu, Figo replied: "They're personal decisions. A player always wants to play and seeks happiness by being useful – if you can't or they don't let you, you'll look for happiness wherever you can, whether you're at your boyhood club or not.
"It's down to the individual to decide for himself."