Real Madrid president downplays Ronaldo's exit talk

Outraged at being unfairly treated by Spanish tax authorities, Ronaldo had earlier expressed his intentions to leave Real Madrid and Spain.

"All I can say is that Cristiano Ronaldo has a contract with Madrid", Perez continued.

The 32-year-old is now away with Portugal at the Confederations Cup in Russian Federation, where he has so far evaded questions over his future - including skipping the traditional man-of-the-match press conference after Sunday's draw with Mexico.

According to media reports Ronaldo is unsettled at Madrid because he believes Real did not back him as fully as he had hoped in his dispute with the taxman.

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The stock of SM Energy Co (NYSE:SM) hit a new 52-week low and has $14.11 target or 6.00% below today's $15.01 share price. The Diamond Hill Capital Management Inc holds 214,416 shares with $8.22M value, down from 287,578 last quarter.

Press Association Sport understands United's former Real boss Mourinho is keen to sign Morata as the Red Devils target three or four high-quality summer acquisitions.

Ronaldo was livid over being singled out for disproportionate treatment after the Spanish prosecutors accused him of defrauding the authorities of €14.7m (£12.8m).

Even so, Perez said he was convinced Ronaldo would stay and affirmed that his Real contract was protected by a one billion euro release clause.

"But something really freakish would have to happen if he were to leave this club".

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It comes as hundreds of those affected by the fire - which has killed at least 79 people - marched to the tower on Monday night. Celebrities have been helping out at Grenfell Tower (including Tom Hardy ) and of course, the Royals paid their respects too.

Ronaldo's silence has only fuelled talk of a return to Old Trafford, where he became a fans' favourite having flourished under the guidance of Sir Alex Ferguson before joining Madrid in a world-record deal eight years ago.

Paris Saint-Germain and Chelsea are also reported to be interested but Bayern Munich president Karl-Heinz Rummenigge denied the German champions would make an offer.

"We are used to a lot of speculation about possible comings and goings during the transfer period", said Rummenigge in a club statement with the headline "Hoax of the Day for the Ronaldo rumours".

The club have proved shrewder in the transfer market in recent years, however, and last season's Champions League and La Liga double was built on a robust squad, allowing coach Zidane to freely rotate his side while still winning domestic games, keeping his first choice team fit and fresh for European ties.

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