Ronaldo's future remains clouded with no discussions over a new deal since his infamous meeting with Florentino last September.
However, Punto Pelota says Florentino told Real fans at a supporters' function that "we will renew and the club will pay".
The Real president was responding to one supporter who offered, in jest, to help fund Ronaldo's new deal.
Will Ronaldo still be a Real player next season? Give us your shout below...