Cristiano Ronaldo NOT leaving Real Madrid any time soon says Florentino Perez

Ronaldo going nowhere!

Cristiano Ronaldo is NOT leaving Real Madrid in the near future.  At least that's according to club president Florentino Perez, who has spoken for the first time since Real were hit with a transfer ban.

Florentino Perez says that will not be attempting to sign players this month - despite having a transfer ban looming.

Los Blancos have appealed their two window embargo on new arrivals after allegedly breaching protocol with the signing of international minors. City rivals Atletico have also been hit by the same ban, which mirrors that which has recently been served by Barcelona.

But Real president Perez has slammed the accusation that they are guilty - and insists Ronaldo is going nowhere despite interest from PSG.

He is Di Stefano's heir and he is very happy here, so he is not going to leave Real Madrid," Perez told AS. "He is the best player in the world and he has to keep playing for the best team in the world.

"The FIFA sanction is hurtful. It is a very serious matter to smear Real Madrid's reputation in this way.

"We are convinced that it is all a mistake; it is ridiculous to think that Real Madrid will be punished for a matter concerning the protection of minors when the children have always been a priority for us.

"We are not going to be making any signings in the January window but that doesn't have anything to do with the ban, it is because we have the best players and the best coach."