Cristiano Ronaldo Snubs New Madrid Contract

Portuguese superstar Cristiano Ronaldo has refused to sign a new deal with Spanish giants Real Madrid and will be seeing out his final two years contract till 2015 until some drastic changes take place.

According to sources, the 27-year-old, who have scored 23 goals for the Spanish champions this season, was offered a contract extension until 2018 with a 50 per cent increase in his salary which he declined.

Ronaldo joined Real Madrid from Manchester United in 2009 for £80 million to become the most expensive footballer in history.