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Ronaldo returned to Manchester United last summer and is enjoying an impressive campaign, having scored 23 goals in all competitions.
But he's been unable to steer his team to any trophies this season despite his important goals in the Premier League and Champions League.
And Ronaldo could be without Champions League football for next season, with his side languishing in sixth place in the table.
However, his performances for Man United have alerted the Spanish giants who're eyeing a move for their former player knowing he'll bring guaranteed goals in La Liga, according to the Mirror.
Ronaldo penned a two-year deal upon returning to Old Trafford, with the report claiming his future is now uncertain in England.
Erik ten Hag is set to take over from Ralf Rangnick and begin his rebuild, with a big overhaul of his squad expected.
The report states that Ten Hag is planning a new Man United future built on high energy and youth, meaning the 37-year-old will not be guaranteed to play every game.
Ronaldo scored his 100th Premier League goal in his side's 1-1 draw with Chelsea last Thursday.
And speaking after Man United's game against the Blues, Rangnick was asked about the forward's future.
Asked whether the five-time Ballon d'Or winner would be still at Man United next season, he replied: "We will have to speak about it between us; with Erik [ten Hag], myself and the board.
"Cristiano has another year of contract and it's also important to see and find out what Cristiano wants to do and see if he wants to stay.
"I haven't been able to speak with Erik so far and it doesn't make sense to speak about it [Ronaldo' future] right now."
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