I'm convinced Ronaldo will renew: Perez
Madrid: Speculation continues to surround the Portuguese star`s future following his revelation that he has not signed a new deal with los Blancos despite claims to the contrary.
Paris Saint-Germain and Manchester United have both been frequently linked with the 28-year-old this summer but the Madrid president insists he is going nowhere.
"He`s our most important asset, around who we build the Madrid of the future," he said.
"Soon we will clarify this issue. I have no doubt that Cristiano is going to retire at Real Madrid. I`m convinced that he`ll renew. The renewals are done before the season starts."
Reports also suggested that the 66-year-old had lined up an incredible swoop for Barcelona`s Lionel Messi using the cash made from a sale of Ronaldo but he refuted the claims.
He added,:"Not at all. This is a myth. I was going through a bad time and the only thing I said is that I would do everything possible to make him stay. Not everything is money and these players need to feel wanted."
Ronaldo`s current contract at the Santiago Bernabeu expires in 2015.