Man Utd,Madrid agree on Ronaldo transfer: Report

Cristiano Ronaldo and Manchester United have both signed agreements with Real Madrid regarding the Portuguese wingers transfer to the Spanish side,a newspaper reported on Tuesday.

Under the agreements,Manchester will let the 2008 FIFA World Footballer of the Year go after July for a minimum of $109 million,top-selling newspaper El Pais reported.

Former Real president Florentino Perez,who will announce his candidature for elections to head the club again on Thursday,has already discussed the payment of the amount with Ronaldos agent Jorge Mendes,it added.