The Spanish giants rejected the bid out of hand
Cristiano Ronaldo was the subject of a £110m bid from Paris Saint-Germain, according to reports.
Brazilian news outlet Globo Esporte reports that Real Madrid, the 30-year-old's club, rejected the offer out of hand.
However, it is understood that the Spanish giants may be willing to
listen to offers for the Portuguese forward's services next summer.
If the deal had gone through, Ronaldo would have once again become
the most expensive player in world football, toppling team-mate Gareth
Bale, who moved to Madrid for £85.3m in 2013.
The Ballon d'Or holder is currently contracted in Madrid until 2018,
was linked with a return to former club Manchester United earlier this
year.
However, the chances of any Old Trafford return will have only been
damaged by the David De Gea transfer saga, which has broken down
relations between the two clubs.
PSG, meanwhile, were rumoured to be interested in selling their talismanic frontman Zlatan Ibrahimovic.
Ronaldo is one of the few players who could perceivably replace the
enigmatic Swedish striker and the Ligue 1 champions are expected to
renew their interest at the end of the season.
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