MADRID: Cristiano Ronaldo's move to Real Madrid from Manchester United has been finalised, the Spanish club confirmed, with the Portuguese set to officially join the Spanish giants on 1 July.
The £80m fee breaks the previous world-record of £56m, set earlier this summer, which Real Madrid paid for Milan's Brazilian forward Kaka.
"Real Madrid and Manchester United have signed a final agreement for the transfer of the rights of Cristiano Ronaldo from 1 July," a statement on Real's website said.
Ronaldo, who joined United in 2003 for £12.2m, is set to earn a reported €13m (£11m) a year in Spain, making him the highest paid footballer in the world. He will be presented at the Santiago Bernabeu on 6 July.
The £80m fee breaks the previous world-record of £56m, set earlier this summer, which Real Madrid paid for Milan's Brazilian forward Kaka.
"Real Madrid and Manchester United have signed a final agreement for the transfer of the rights of Cristiano Ronaldo from 1 July," a statement on Real's website said.
Ronaldo, who joined United in 2003 for £12.2m, is set to earn a reported €13m (£11m) a year in Spain, making him the highest paid footballer in the world. He will be presented at the Santiago Bernabeu on 6 July.
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