Former Manchester United chief executive David Gill has denied claims the Premier League champions made a move to sign Cristiano Ronaldo in the summer.
Widespread reports suggested Manchester United were preparing an £80million move to bring Ronaldo back to Old Trafford, however Gill has now categorically dismissed reports suggesting the club were preparing a club record offer.
Ronaldo stated at the start of last season that he was slightly unhappy with life at the Santiago Bernabeu due to problems away from football.
Ronaldo's mood quickly changed when he put pen-to-paper on a new five-year deal with the La Liga giants - which ended any possibility of landing the 29-year-old.
However Gill has stated talk of a move for Ronaldo was 'merely speculation' as the club know his heart is in Madrid.
Speaking to the Daily Express, Gill said on Ronaldo: "That was merely speculation.
"I was not in Madrid and I haven't been there for quite some time except for the away leg against Real last season."
Gill also admitted Manchester United knew Ronaldo was going to move to Real Madrid back when they signed the Portuguese international in 2003.