Ronaldo has just two years left on his contract at Madrid and is known to be disillusioned with life at the Santiago Bernabeu, at the end of his fourth season there.
Monaco are closely monitoring Ronaldo's negotiations with Real Madrid over a contract extension, and if no deal is done by late July or August they will make their move.
Monaco is reported to offer Ronaldo an annual salary of €20m, which would equate to nearly £330,000 per week. The principality of Monaco does not charge its residents income tax and so Ronaldo would become the highest-paid footballer in the world.
It may be added that The Ligue 1 club, funded by Russian billionaire Dmitry Rybolovlev, have already spent over £110m this summer on Radamel Falcao of Atletico Madrid and James Rodriguez and Joao Moutinho of Porto.
It may be added that The Ligue 1 club, funded by Russian billionaire Dmitry Rybolovlev, have already spent over £110m this summer on Radamel Falcao of Atletico Madrid and James Rodriguez and Joao Moutinho of Porto.
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