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Ronaldo has been linked with a return to Old Trafford pretty much since he left in the July 2009 and on Wednesday those links were back again.
Juventus are reportedly ready to offload the five time Ballon d'Or winner, in order to 'balance the books' and get his wages off their bill, so of course that means a potential return to United.
However Deeney doesn't think that Ole Gunnar Solskjaer's team will be the 35-year-old's destination if he makes a Premier League comeback and instead thinks a move to Wolves makes more sense.
"I would more look at a club like Wolves with the Portugal connection - that would work," the Watford striker told talkSPORT.
"Whoever is getting him is still getting an unbelievable talent.
"You're not going to get the same Ronaldo you had at Man United. That's always going to be the comparison.
"You look at Gareth Bale now, for example, he's gone back to Tottenham and you're already comparing him to the one that left.
"You're still going to get goals from Ronaldo, but he's got to get a season of 30+ plus goals [like he did at United previously] - that's always going to be at the forefront of everybody's mind... can he reach that level again?
"He's getting older but he's great in the air and he doesn't look like he's slowing down.
"Physically he's a beast and from a marketing perspective he adds so much value to whatever club he goes to, so shirt sales would go through the roof."
As well as having a Portuguese manager, Wolves also have nine players from the country in their squad, several of whom are teammates with Ronaldo at international level.
The former Real Madrid player's agent Jorge Mendes is also linked with the club through his friendship with their owner, and also represents several of their current players.
Deeney thinks the Portuguese connection will bring Ronaldo to Molineux, adding, "Wolves are creating something there with the players they have and are really going to push for the top six in the next couple of years.
"The Portugal connection, as I said, is so positive too. If they're trying to go to that next level that's the kind of player you need to get.
"If he was available I'd be surprised if there wasn't a top ten side trying to sign him in the Premier League."
Will Ronaldo end up at Wolves?
Featured Image Credit: PA
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