'Cristiano Ronaldo won't be sold for less than €1 billion', says Real Madrid president
Paris Saint Germain have been told that they will have to pay €1 billion to prise Cristiano Ronaldo from Real Madrid.
The Ligue One club had been linked with a move for the 30-year-old this summer, and were rumoured to have made a last minute offer of €110m for the striker.
However Real Madrid president, Florentino Perez, has warned PSG that they will have to smash the world record transfer fee in order to sign the Portuguese captain.
Speaking on Spanish radio, Florentino Perez claimed: "If PSG want Cristiano Ronaldo it's simple: they have to pay the €1 billion release clause."
No one is a prophet in football, but we don't want to sell him in 2016, he still has 3 years left on his contract," he added.
Rumours of Ronaldo's potential exit from the Bernabeu began surface with reports that the ex-Manchester Uniyted man was unhappy with Rafa Benitez and his training methods.
According to the Spanish newspaper, As, Ronaldo became enraged with one drill in which players were asked to hit the crossbar from a distance.
The forward was quoted as saying: "It's meant to be the ball in there, in the net. Not this s***"."
The price-tag for Ronaldo is unlikely to put off PSG's Qatari owners, who forked out £46 million for former Real Madrid winger, Angel Di Maria, earlier this summer.