Ronaldo seals deal with Real Madrid

MADRID: Cristiano Ronaldo''s move to Real Madrid from Manchester United has been finalised, the Spanish club confirmed, with the Portuguese set to officially join the Spanish giants on 1 July.

The 80m fee breaks the previous world-record of 56m, set earlier this summer, which Real Madrid paid for Milan''s Brazilian forward Kaka.

"Real Madrid and Manchester United have signed a final agreement for the transfer of the rights of Cristiano Ronaldo from 1 July," a statement on Real''s *website said.

Ronaldo, who joined United in 2003 for 12.2m, is set to earn a reported 13m (11m) a year in Spain, making him the highest paid footballer in the world. He will be presented at the Santiago Bernabeu on 6 July.