The Santiago Bernabeu outfit have spurned a chance to cash-in on their star man.
The current Ballon d’Or holder has consistently been linked with an exit from the Santiago Bernabeu club, with the Spanish media highlighting a potentially unstable relationship between the Portugal international and new club boss Rafa Benitez.
AS report that big-spending PSG have tried to take advantage of any uncertainty over the former Manchester United man’s future by lodging a world-record bid for the star.
However, it is claimed that Madrid president Florentino Perez rejected the offer immediately without considering it.
Ronaldo signed a new contract with the Spanish giants relatively recently, committing his future to Los Blancos and delaying speculation over his future.
The Ligue 1 outfit have ambitions of winning the Champions League after attracting top talent to the French capital over recent years.
However, it appears that Ronaldo’s future is at Madrid, with the star a pivotal member of Benitez’s side that will be charged with dethroning a mercurial Barcelona team next season.