Real Madrid have put aside £60 million for a new bid for Manchester United star Cristiano Ronaldo. Cadena Ser says Real have the loan through Banco Santander and though the cash won't cover the entire deal, it will go a long way to bringing Ronaldo to Madrid in the summer.

While Ramon Calderon is no longer with Real, his successor, Vicente Boluda, is in charge of plans for a new bid for Ronaldo and part of his remit is to find unity amongst Real's presidential candidates to begin negotiations with United before the summer election.

Madrid sources insist Ronaldo was on his way to Real last summer, only for fears of a public backlash from United fans preventing the move from going through.