Real Madrid president Florentino Perez has told Paris Saint-Germain they can sign Cristiano Ronaldo - but only if they pay the three-time Ballon d'Or winner's €1 billion release clause.
The Telegraph claim Perez told Spanish radio: "If PSG want Cristiano Ronaldo it's simple: they have to pay the €1 billion release clause."
So, that's effectively a hands-off warning but with a caveat. If PSG want to sign the man regarded by some as the world's best player, they'll need to smash the world transfer record and then some.
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PSG, despite their immense wealth, are not about to spend anywhere close to €1 billion in order to sign Ronaldo, who turns 31 later this season.
There were reports over the summer that the Ligue 1 champions were interested in signing Ronaldo - reportedly as a replacement for Zlatan Ibrahimovic - but Real Madrid have no desire to sell the prolific Portuguese superstar just yet.
Ronaldo set to become Real Madrid's top scorer
Furthermore, Ronaldo has no desire to leave the Bernabeu - not yet, anyway.
The powerful forward needs 11 more goals to become Real Madrid's all-time top scorer - Raul netted 323 goals in 741 appearances, while Ronaldo has scored a ridiculous 313 goals in 302 matches - but he should achieve that before the end of 2015.
PSG, though, might be an attractive next destination for Ronaldo.
Not only would he continue to earn a staggering amount of money, but he could also help PSG win the Champions League for the first time in their history.
Ronaldo would also have no problem scoring goals on a regular basis in Ligue 1, one suspects, even if he arrives at the Parc des Princes in his mid-thirties.
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