Real Madrid Confirm Cristiano Ronaldo's Contract Extension Which Will Keep Him at Club Until 2021

Real Madrid have confirmed that Cristiano Ronaldo will extend his contract until 2021, with anofficial announcement on the club's website.

The event to carry out thecontract renewal will take place on Monday afternoon in the presidential box at the Santiago Bernabéu stadium.

Club president Florentino Pérez will attend as Ronaldo takes a significant step towards seeing out the rest of his career with the Spanish giants.

Comunicado Oficial: Cristiano Ronaldohttps://t.co/wmXxKaE0PS#Cristiano2021 #RealMadrid pic.twitter.com/mjFYF1bvRt

The terms of the new deal are expected to see the former Manchester United man's wage packet increase significantly, shortly after Gareth Bale signed a new deal worth a reported £350,000 a week.

Unlike previous contract renewals, Los Blancoswill be able to stage the event in the VIP lounge and far more significantly, Ronaldo will be 36 years and 145 days oldwhen the new contract expires.

He was unable to find the net in Real's last outing, a 3-0 win over Leganes, but did score a hat-trick against Alaves prior to that , taking his league tally to five so far this season.