×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

Monaco dangles £85m for Ronaldo

Sport
Monaco are ready to make a world record €100m (£85m) bid for Real Madrid’s Cristiano Ronaldo.

MONACO — Monaco are ready to make a world record €100m (£85m) bid for Real Madrid’s Cristiano Ronaldo.

Independent

Ronaldo has just two years left on his contract at Madrid and is known to be disillusioned with life at the Santiago Bernabeu, at the end of his fourth season there.

The Ligue 1 club, funded by Russian billionaire Dmitry Rybolovlev, have already spent over £110m this summer on Radamel Falcao of Atletico Madrid and James Rodriguez and Joao Moutinho of Porto.

They are now prepared to make their boldest move yet, taking advantage of the Portuguese forward’s frustration at Madrid, and failure to sign a new deal, to tempt him to join with a world record salary offer of €20m (£17m) per year.

Monaco are closely monitoring Ronaldo’s negotiations with Real Madrid over a contract extension, and if no deal is done by late July or August they will make their move. There have been talks between Monaco and Ronaldo’s camp over the last 18 months and the two parties met earlier this year.

Ronaldo feels underappreciated at Madrid and believes he is due for a pay rise. He is especially keen to earn more than his great rival Lionel Messi at Barcelona. In February of this year, Messi signed a new contract with Barcelona that will last until 2018, heavily incentivised but with a basic salary starting at €12m per year, but increased through bonuses and image rights.

Monaco will offer Ronaldo an annual salary of €20m, which would equate to nearly £330 000 per week. The principality of Monaco does not charge its residents income tax and so Ronaldo would become the highest-paid footballer in the world.

Zlatan Ibrahimovic, who would be his Ligue 1 rival at Paris Saint-Germain, has a net salary of between €13m and €14m, but because of France’s near 75% tax rate on top earners, Paris have to pay out far more than that. Monaco would face no such issue.

This summer, since their promotion back to Ligue 1, Monaco have spent more than £100m on players, all of whom are clients of Ronaldo’s agent, Jorge Mendes. Their summer spending started with a combined £60m on the Porto pair Rodriguez and Moutinho — both of whom are Mendes players, as is Ricardo Carvalho, formerly of Chelsea and Real Madrid, who arrived on a free transfer. Their next purchase was Falcao, the Colombian forward who joined from Atletico Madrid for a fee of roughly £50m, and will be paid £12m annually.

Victor Valdes, the Barcelona goalkeeper, is likely to be the next arrival. They have also been linked with John Terry.