His club, Juventus paid around four times this amount to sign the five-time Ballon d’Or winner back in 2018 but according to Gazzetta, Juventus are ready to save their costs on Ronaldo’s salary by selling him amid rumoured interest from Manchester United and Paris Saint-Germain.
Juventus could save as much as £75m in salary by parting with Ronaldo this summer.
And the new report says club chiefs have already met with the star’s agent Jorge Mendes to discuss a potential transfer.
Even at 36, Ronaldo is a prolific goalscorer for club and country and will not be lacking suitors.
He scored 36 goals in 44 games for Juventus last season, even though Juventus coached by rookie manager Andrea Pirlo came fourth.
He also netted five goals in just four games for his country at Euro 2020 – equalling Ali Daei’s international goalscoring record of 109 in the process.
If he rejoins Manchester United, it could be an emotional return 12 years after leaving Old Trafford for Real Madrid after winning his first Ballon D’Or award.