CRISTIANO RONALDO has missed out on a huge £11.5MILLION after his Manchester United contract was terminated without a pay-off.
The Red Devils confirmed on Tuesday evening that the Portuguese superstar’s deal with the club had ended “with immediate effect”.
They were keen to get rid of his £360,000-a-week contract without compensation.
And, according to The Telegraph, they have now done just that.
The report states that United “wanted a swift, clean resolution” which they have achieved.
Ronaldo’s contract being ripped up comes off the back of his remarkable interview with Piers Morgan last week.
And it culminated in the Red Devils releasing a statement on Tuesday which confirmed the two parties had gone their separate ways.
It read: “Cristiano Ronaldo is to leave Manchester United by mutual agreement, with immediate effect.
“The club thanks him for his immense contribution across two spells at Old Trafford, scoring 145 goals in 346 appearances, and wishes him and his family well for the future.”
Yet despite Ronaldo missing out on more than £11m, former United team-mate Rio Ferdinand feels the Real Madrid legend will now be happy he can put this chapter of his career to bed.
He said: “I think both parties will be delighted now. He obviously [did] that interview with the mindset that he wanted to get out of the football club.
“But I also think that Erik ten Hag will be [very happy too].
“What are the motivations [for where Ronaldo goes] next? Is it the Champions League, is it the money?
“We’ll find out, I’m sure, in due course.”