Real Madrid president Florentino Perez has defended the new deal for Cristiano Ronaldo.

The Portuguese recently signed a lucrative new five-year contract with Madrid, protecting his position as the highest-paid sportsman in the world.

"Cristiano is also special," said Perez. "His stats are scandalous.

"We are delighted with Cristiano Ronaldo. He gives us more than we pay him. We have renewed his contract for five more years and we are very proud to have done so."