El Pais report that the player’s agent has broken off talks with the club over a new contract, with his current deal expiring in 2015.
The Spanish champions therefore would rather sell Ronaldo this summer rather than lose their prized asset for free in 2015.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.