Cristiano Ronaldo Signs new £75m Deal with Real Madrid

Cristiano Ronaldo has extended his stay at Real Madrid by five years after signing a £75m deal.

The deal makes the Portuguese striker to overtake Barcelona's Lionel Messi, as the most valuable footballer.

Ronaldo is reportedly going to be earning $900,000 more than Messi each year, and he intends to retire on the expiration of the contract in 2018.