The 32-year-old attacker is reportedly seeking an exit from Santiago Bernabeu after prosecutors filed a complaint in which they accused Ronaldo of a "voluntary" and "conscious" breach of his tax obligations, amounting to a figure of €14.7million. Speculations are rife Ronaldo is all set to depart from Real Madrid and possibly take on the route that will lead him back to Manchester United.
Real insisted they were "absolutely convinced" Ronaldo would prove his innocence and pledged him the club's "full confidence".
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Paris Saint-Germain are also believed to be weighing up a mammoth offer for Ronaldo but the 32-year-old icon prefers the Red Devils.
Ronaldo was making the headlines on Friday, two days before Portugal's Confederations Cup debut in Russian Federation, because of a report that said he wants to leave Real Madrid and Spain following allegations that he defrauded the country's tax authorities.
But neither the Real star, on global duty with Portugal at the Confederations Cup in Russian Federation, nor the club itself have confirmed reports that he is heading for the exit at the Santiago Bernabeu.
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Following the tax allegations, Ronaldo posted a picture of himself with his fingers to his lips on Instagram with the caption: "Sometimes the best answer it's to be quiet".
Paper Round's view: If you were going to predict the teams involved the next time the world transfer record was broken you probably wouldn't have predicted that Real would be the selling team. The potential availability of one of the world's most marketable players will also naturally alert the Chinese Super League clubs.
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Real have always been admirers of the Belgian winger and have repeatedly tried to sign him in the past, and now he could be used as a pawn to snatch Ronaldo from under United's nose.