PSG have rejected an approach from Real Madrid star Cristiano Ronaldo.

PSG have been informed Ronaldo is prepared to leave Madrid at the end of this season - if they're willing to meet his €50m-a-year wage demands.

Spanish expert Guillem Balague has reported PSG refused to consider the proposal - as have all other clubs.

Ronaldo, 33, is now set to remain with Real, where president Florentino Perez has relented and is now willing to upgrade his contract.

The Portuguese is currently on €23m-a-year and Perez is prepared to improve his terms before the end of this season.