Spain

Real Madrid Could Lose €30m If They Don’t Sign Manchester United’s Cristiano Ronaldo

Los Blancos’ shambolic old regime could still come back and haunt the club economically…

Jun 5, 2009 9:31:26 AM

Like an old friend, Cristiano Ronaldo pecks the cheek of the Premier League trophy for a third time (PA)

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Like an old friend, Cristiano Ronaldo pecks the cheek of the Premier League trophy for a third time (PA)

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Real Madrid may have recently ushered in a new era with a new administration, but the old Ramon Calderon regime is still leaving a sour taste at the ‘White House’ as a deal to sign Cristiano Ronaldo could cost them €30 million.

The now-infamous pre-agreement contract with Manchester Untied to purchase the Portuguese this summer, which has irked Red Devils boss Sir Alex Ferguson, has now become a thorn in Madrid’s side as they look to wriggle their way out of the bond.

La Voz de Galicia believes that part of the stipulation in the deal includes a €30 million penalty that los Blancos must pay directly to the winger should they decline to sign him and break the contract.

Madrid’s current supremo, Florentino Perez, and his director-general, Jorge Valdano, have both previously claimed that they do not know anything about a pre-contract agreement with Ronaldo, but the club’s vice-president, Fernando Fernandez Tapias, has disclosed the sensitive information during an interview with radio station Cadena COPE.

Should Ronaldo’s transfer to the Santiago Bernabeu go ahead, it would cost the club an eventual total of at least €120m, including the €85m transfer fee, €8m in commission to the agent and €12m net per year as part of the player’s wages.

Madrid’s legal services have reportedly been busy trying to annul any clauses in the pact that may harm the club.

KS Leong, Goal.com