Real Madrid president Florentino Perez claims the club has pulled out of the running to sign Brazil star Ronaldinho this summer.
Perez made his announcement as Real revealed their second major signing of the close season - Argentine centre-back Gabriel Milito.
"The business of buying new players has now been closed and that\'s for sure," Perez said. "Milito\'s signing means that Ronaldinho will not be coming to Real Madrid this year."
But the latest statement from the Bernabeu has shed little new light on the future of the Paris St Germain midfielder - subject of an improved £18million offer from Manchester United on Tuesday.
Perez vehemently denied any interest in David Beckham before the England skipper\'s £25million move, a tactic he previously used while negotiating a world record deal for Zinedine Zidane.
And the Spaniards have already made it clear they are willing to offer a downpayment and wait until next year to complete the deal.
That arrangement may suit Paris St Germain, who still owe Real money from the transfer of Nicolas Anelka three years ago.
PSG president Francis Graille has admitted that United and Real are in a straight fight for Ronaldinho, despite reports of late interest from Chelsea.
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Lets hope he signs for the better club who wear Red and play in Manchester!:D
