According to the Sunday Times, the French champions have set aside €150million to sign the Portuguese star and offer him a of £285,000 per week after tax.
However, sources at PSG have told Spanish sports daily, AS, that such rumours are unfounded.
“It is totally false,” a senior figure told the Madrid-based newspaper.
Most observers are adamant that Ronaldo will quit the Santiago Bernabeu after this campaign, with a return to Manchester United mooted.
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