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Spanish newspaper Marca is reporting Real Madrid wants to start conversations as soon as possible with Cristiano Ronaldo to review and extend the Portuguese contract until he retires.
According to Marca, the club is willing to increase Ronaldo’s salary and put it at the same level of other soccer stars.
Ronaldo’s salary currently benefits from the ‘Beckham law’ which decreases tax contributions to foreign players in Spain, but this preferential tax break will end in a little more than a year, affecting Cristiano’s salary dramatically and he could be paying up to 52% of his salary in tax contributions.
The Merengues would have to increase significantly Ronaldo’s salary after the ‘Bekcham law’ ends, going to more than double his current pay. However, the club will benefit from using CR7’s image which generates a good amount of revenue for Real Madrid.
Spanish media say Real Madrid’s president Florentino Pérez had a meeting with Cristiano where he expressed his discontent with the club. The meeting was held before the Portuguese declared his unhappiness in public.
The new meeting will serve as a starting point for contract negotiations but Pérez also wants to follow up on Ronaldo’s feelings and have a discussion with him about this issue. Madrid’s top executive appears to be extremely unhappy for Cristiano’s outburst which has affected the club’s image.