Real Madrid president Ramon Calderon has dismissed suggestions the Spanish champions would be willing to spend £80million on Cristiano Ronaldo.
Speculation has been rife that Madrid would smash their own world-record transfer fee - set when they splashed £46million on Zinedine Zidane in 2001 - by offering Manchester United in the region of 100million euros for Ronaldo if the Red Devils decided to cash in on their prize asset.
However, speaking just days after Madrid coach Bernd Schuster urged the club to "pay what is necessary" to take Ronaldo to the Bernabeu, Calderon insists they will not break the bank for any player.
When asked about Ronaldo, Calderon said in remarks reported by Marca: "There is no 'Cristiano Ronaldo case' because Manchester (United) do not want to sell.
"In any case, Real Madrid will never pay €100million for anybody."
United, who recently reported the Primera Liga champions to FIFA over what they considered to be attempts to unsettle the player, have stated that the Portugal international is not for sale.
