It's emerged that Flamengo's board are locked in talks with Nestle about a big sponsorship deal to fund the signing of the former World Player of the Year.

Nestle are prepared to back the bid - if Flamengo qualify for next year's Copa Libertadores.

Meanwhile, O Globo says the motivation of Ronaldo not to shave his head any longer is because he's about to sign an endorsement deal with hair-loss company Crescina.