Cristiano Ronaldo signed a world record boot sponsorship deal with Nike.
Nike wanted Cristiano Ronaldo to sign a new deal to see the Portuguese winger continue to run out in Nike football boots until at least 2014.
Nike tabled a record breaking £5 million per year offer, which added up to £20 million over ' four years. The deal made Ronaldo the world’s best paid football player in terms of sponsorship deals. Ronaldo also promotes Giorgio Armani, Castrol, Soccerade and Clear Shampoo.
Nike were thought to be upping their payment to Ronaldo in light of interest from bitter German rivals Adidas.