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Ronaldo is on the brink of breaking the world transfer record with Real Madrid offering a huge £80mill. See our player specials ranging from what shirt number he’ll wear to how many goals he’ll get in La Liga next season

Real Madrid president Florentino Perez insists that the club will not go into debt despite the signing of Kaka and the imminent arrival of Cristiano Ronaldo.

Perez is confident the transfers will actually generate Real more money in the long-term.

After spending £56million for Kaka on Monday, Real are now close to signing Ronaldo for a record-breaking £80million after Manchester United accepted their offer on Thursday.

However, the large sums of money involved in both deals has left people questioning where Real are getting the funds.

Perez insists that all the money would be coming from within the club.

“On the contrary, we think we can improve our accounts by aiming for three goals,” he told La Gazzetta dello Sport.

“Increasing ticket sales, increasing bank loans and increasing the club’s economic value.

“(The money) is exclusively the club’s not mine.

“Real Madrid take about €400million a year, the fruit of three sources of income – a third from ticket sales, a third from television rights and a third from merchandising.”

Ronaldo is on the brink of breaking the world transfer record with Real Madrid offering a huge £80mill. See our player specials ranging from what shirt number he’ll wear to how many goals he’ll get in La Liga next season

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