Real Madrid have allegedly offered a new contract to Cristiano Ronaldo in a bid to keep him at the club.
Los Blancos are prepared to hand the Portugal international wages of €32.5m (£28.5m) per year if he extends his stay at the Bernabeu, Spanish radio show El Partidazo claims.
The deal is said to include a basic salary of €25m (£22m), while the remainder of his wages will come in the form of performance-related bonuses.
Ronaldo strongly hinted that his time at Real has come to an end following his side's 3-1 victory over Liverpool in the Champions League final last month.
The veteran's former club Manchester United have been touted as the most likely destination, and the latest reports suggest the Red Devils have contacted the player's agent Jorge Mendes to open negotiations.