Cristiano Ronaldo has rejected an incredible offer from PSG to commit to a new deal with Real Madrid.Cadena COPE says Ronaldo was offered a four-year contract worth €68 million, with a signing-on bonus of €20 million if he was to join next summer or €50 million if it was to be at the end of his current deal in 2015. PSG also had agreed to give up 100 per cent of image rights to Ronaldo.

But the former Manchester United ace has turned down the French giants' stunning proposal and is on the brink of penning a new three-year contract extension with Real which will keep him tied until 2018.