European champions Real Madrid have made another bid for Ronaldo by offering Inter Milan €40 million plus Argentine midfielder Santiago Solari.
A decision must be made before Saturday's European transfer deadline.
Solari, a 26-year-old midfielder with a good goalscoring record, is known to interest Inter's Argentine coach Hector Cuper.
Since returning from the World Cup where he scored both goals in the final against Germany, Ronaldo has apparently set his sights on joining Real, infuriating Inter's fans.
Inter have rejected previous bids for Ronaldo but in a meeting with Inter president Massimo Morattiin on Wednesday, Ronaldo repeated his intention to join Real, where he would play alongside two other World Footballers of the Year, Luis Figo and Zinedine Zidane.
Real's bid could be conditional on the transfer of Spanish international Fernando Morientes to English Premiership club Tottenham for a fee of €25 million, but that deal is deadlocked.
Officials from Real and Inter were in Monaco for yesterday's European Champions League draw.
AFP