Ramos signs new 5-year Real Madrid deal

The Pak Banker - - INTERNATIONAL BUSINESS/SPORTS -

Real Madrid cap­tain Ser­gio Ramos has ended spec­u­la­tion sur­round­ing his fu­ture by sign­ing a new five-year deal with the Span­ish giants, the club con­firmed on Mon­day.

Ramos had been courted by Manch­ester United dur­ing a stand­off in ne­go­ti­a­tions be­tween his rep­re­sen­ta­tives and Madrid pres­i­dent Florentino Perez over the Span­ish in­ter­na­tional s salary with his pre­vi­ous deal set to ex­pire in 2017. How­ever, the club said in a state­ment he will re­main "tied to the club for the next five sea­sons." Both Ramos and Perez will ap­pear at a press con­fer­ence to mark the re­newal at 1:30pm lo­cal time (1130GMT) at the club s San­ti­ago Bern­abeu sta­dium.

Ac­cord­ing to Span­ish media re­ports, Ramos will earn up to 10 mil­lion eu­ros ($11.1 mil­lion, £7.1 mil­lion) a sea­son. United and Madrid have been locked in trans­fer talks all sum­mer with Real still hope­ful of land­ing Ramos s in­ter­na­tional team­mate David de Gea be­fore the trans­fer win­dow closes at the end of the month.

Ramos is now Madrid s long­est serv­ing player hav­ing signed from Sevilla 10 years ago as a 19-year-old and will be club cap­tain for the first time this sea­son af­ter Iker Casil­las s 18-year ca­reer at the Bern­abeu came to an end when he joined Porto last month.

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