Real Madrid president Florentino Perez has ruled out the possibility of the La Liga champions re-signing Cristiano Ronaldo from Juventus this summer.
However, with Los Blancos reported to be staring at a debt of £900m, Perez - also chairman of the highly controversial European Super League - is adamant that Ronaldo will not don the white jersey next season.
Speaking to El Chiringuito, the 74-year-old said: "Cristiano Ronaldo will not come back to Real Madrid.
"It does not makes sense, he has a contract with Juventus. I love him a lot, he has given us a lot."
The 36-year-old has bagged 25 goals in 27 Serie A games this season for the Old Lady, who recently signed up to be one of the 12 founder members of the European Super League.