Cristiano Ronaldo issued £177m warning if he wants to buy out Real Madrid contract as Florenino Perez tires of 'cocky' star, says report

Florentino Perez is refusing to bow to Cristiano Ronaldo's contract demands
Ronaldo considers himself the best player in the world and wants to be rewarded
Perez is reluctant but wants to keep Ronaldo because of his commercial pull
Should Ronaldo want to leave he'll have to pay £177m to buy out his current deal

It seems Cristiano Ronaldo recent fifth crowning as Ballon d'Or is a misnomer of his current status with Real Madrid.

According to a report in Diario GOL, club president Florentino Perez is growing tired of Ronaldo's 'arrogant' approach to seeking a new contract.

Perez is apparently reluctant to reward the Portuguese with improved terms and no longer believes the club are in possession of the best player in the world.

Real Madrid president Florentino Perez is tiring of Cristiano Ronaldo's pursuit of a new deal

According to a Spanish report, Perez will demand Ronaldo pay £177m to buy out his contract

However, Ronaldo's commercial pull means Perez will not let his star leave on the cheap but - with a lack of suitors willing to meet his €100million (£88m) market value - Perez would demand the player buy his way out of his contract should he want to force an exit.

Perez would prefer Ronaldo to stay but if the forward decides he does not want to be held by the terms of his current contract until it expires in 2021, the report suggests Real would ask for £177m (€200m) in the case of a contract termination.

That figure is way below £880m (€1bn) buyout clause in the contract Ronaldo signed in November 2016 but apparently double what Ronaldo himself deems fair.

Ronaldo's commercial pull means Perez will not let his star leave on the Bernabeu on the cheap

The Diario story suggests that Perez's patience with Ronaldo is wearing thin and the club's desire to bring Neymar to the Bernabeu in the summer of 2019 is a factor in the strategy.

On the pitch Real are currently fourth and eight points behind Barcelona in La Liga with Ronaldo has not been at his prolific best domestically, scoring four goals in 11 games. Although nine Champions League goals in just six games suggests any talk of a sharp decline is wide of the mark.

Although Ronaldo remains Real's biggest asset how long that remains the case is becoming a topic worthy of discussion.