Cristiano Ronaldo has reportedly agreed to a staggering £172.9million-a-year contract with Al Nassr in Saudi Arabia.

The 37-year-old is on the lookout for a new team after Manchester United terminated his contract last week in response to his controversial interview with Piers Morgan earlier this month.

According to Marca, Ronaldo has been offered a two-and-a-half-year contract worth €200m (£173m) per season, and has an initial agreement to join the Saudi Arabian side after the World Cup.

Sources, however, close to the former Real Madrid and Juventus superstar insist no deal has been signed and that Ronaldo remains focused on the World Cup with his country.

However, reports in Spain today claim the ‘dizzying figures’ have been agreed which will see the five-time Ballon d’Or winner play outside Europe for the first time in his career.

After having his contract terminated at Manchester United earlier this month, it seemed the Portuguese forward was keen on moving to a Champions League club.

Ronaldo even admitted in his tell-all interview with Piers Morgan that he turned down an offer to join a Saudi Arabian club in the summer, but he now looks set to move to the Middle East.

Al-Nassr are one of the most successful clubs in Saudi Arabia, having being crowned winners of the country’s top flight nine times, with their most recent triumph coming in 2019.

The club have struggled to make a splash on the global scene, but they did compete in the Club World Cup in the 1999-2000 season.

That year they played against Real Madrid in their group, losing 3-1, with Nicolas Anelka and Raul among the scorers for the Spanish giants.

They went on to beat Raja Casablanca 4-3, but lost 2-0 to Brazilian side Corinthians as they missed out on a place in the knockout stages of the competition.

The Saudi giants currently have a couple of big-name stars of the past in the form of goalkeeper David Ospina and Brazilian midfielder Luiz Gustavo, plus they have Cameroon striker Vincent Aboubakar in their ranks.