"Real Madrid announces that it has agreed to transfer Cristiano Ronaldo to Juventus FC due to the will and desire expressed by the player", the Madrid-based club said in a statement. This for me has been a very emotional time, full of deliberating, although hard because Real Madrid is at a very demanding and high level but I know very well that I will never forget that here I have enjoyed football in a unique way.
On the same day, Italian soccer journalist Gianluca Di Marzio reported that Ronaldo's agent, Jorge Mendes, was in Madrid to meet Real's president Florentino Perez and discuss a contract extension for his client.
"Today Real Madrid would like to thank a player who has shown that he is the best in the world and has defined one of the best eras in the history of our club and of world football".
Madrid's all-time leading goalscorer leaves the club after winning the Champions League four times in the past five years.
He helped the club win four Champions League titles - beating Juventus in the final in 2017 - and also won the league and cup twice each.
Juventus are record Italian champions and have won seven consecutive Serie A titles.
"It has been a pleasure to play alongside you for the last five years".
Justin Bieber and Hailey Baldwin are engaged
A source told Us Weekly that the 25-year-old Gomez "doesn't care" about her ex-boyfriend's personal life anymore. Baldwin and Bieber met as youngsters back in 2009, when Stephen Baldwin introduced them .
"Beyond the conquered titles, the trophies achieved and the triumphs achieved in the playing fields during these nine years, Cristiano Ronaldo has been an example of dedication, work, responsibility, talent and improvement".
Ronaldo himself has penned a letter to the Madrid fans, thanking them for the time he spent.
I have thought a lot and I know that the moment has come for a new cycle. "I'm leaving but this shirt, this crest and the Santiago Bernabeu will continue to always feel as my own wherever I am".
The signing broke the Serie A record, which Juventus set two years ago when it paid Napoli 90 million euros (then $99 million) for Gonzalo Higuain.
Ronaldo's first game for Juventus could be against his former club.
Portugal was eliminated by Uruguay in the round of 16 of this year's tournament in Russian Federation.