Ronaldo renews Real contract
© AFP

Cristiano Ronaldo has renewed his contract, which had been due to expire in 2015, with Real Madrid.

The Portugal international will attend a ceremony at 1:45pm with Merengue president Florentino Perez at the Santiago Bernabeu to mark the deal.

Real did not give details of the contract extention, but the online edition of sports daily Marca said the 28-year-old had renewed with the club until 2018.

Ronaldo will earn €17m per season under his new contract, €1m more than his main rival Lionel Messi makes at Barcelona, the newspaper said.

Ronaldo had been linked with a move to big-spending French clubs Paris Saint-Germain and Monaco in the close season as Real pursued Gareth Bale.

The Wales international's transfer from Tottenham Hotspur was finally sealed at the start of September for a reported world record fee of around £80 million, and he made his debut for the club playing alongside Ronaldo in Saturday's 2-2 draw at Villareal.