Real Madrid, Man Utd. seal Ronaldo move

Real Madrid and Manchester United have finalized terms for Cristiano Ronaldo's transfer from the English champions to the Spanish league powerhouse.

"Real Madrid CF and Manchester United have signed the definitive agreement for the transfer of Cristiano Ronaldo to the Spanish club on July 1," Real Madrid's website said Saturday.

"The player will stay at Real Madrid for six seasons. Ronaldo will be presented at the Santiago Bernabeu on July 6."

United also confirmed finalizing the deal on its website. In early June the Red Devils accepted a world record $151.7-million Cdn transfer bid from Madrid for Ronaldo, the current FIFA world player of the year.

The Portuguese winger almost joined the "Galacticos" last season, before United manager Alex Ferguson persuaded him to stay on and help the side win its third straight Premier League crown.

Since Florentino Perez returned as president in June, Madrid has made a huge splash in the transfer market, also signing Brazilian star Kaka from Italian side AC Milan and Spanish international Raul Albiol from Valencia.

Perez was responsible for bringing superstars Zinedine Zidane, David Beckham and Luis Figo to the Bernabeu stadium in his first stint as president.

The Galacticos won Spanish league titles in 2007 and 2008 and are looking to get back on top after Barcelona won the past season.