MADRID: Cristiano Ronaldo has followed up his contract renewal with Real Madrid by extending his personal deal with Nike.

The contract is reportedly worth €24m per year, with the possibility of rising to €40m per year, based on performances.

Ronaldo said: “I have an excellent relationship with this brand, I have great friends here and we work as a family. This is my brand.

Nike responded: “He transcends the world of football, as the most famous athlete in the world and the most popular on social networks.”

Nike said that Ronaldo’s “extensive feedback and insights” had helped Nike’s design team on numerous products, especially the Mercurial Superfly boots that he wears.

“His commitment to fitness has also informed Nike’s training products, while his style is regularly on display in Nike Sportswear,” Nike added.