Real Madrid's Florentino Perez insists on Cristiano Ronaldo stay

Real Madrid president Florentino Perez has insisted that Cristiano Ronaldo will not leave the club at the end of the season.

The Portugal international forward has been linked with moves to Paris Saint-Germain and his old club Manchester United in recent weeks.

"There is no problem with Cristiano," ESPN quotes Perez as saying. "Of course, he will stay with us. If necessary, we will put in money."

Ronaldo's current contract with Madrid runs out in June 2015.