The biggest consquence of Juventus’ exit was the sacking of Maurizio Sarri and appointment of Andrea Pirlo.
Reports in France have linked the Portuguese superstar with Paris Saint-Germain.
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However, Balague has claimed Ronaldo’s agent Jorge Mendes has been instructed to find a new club for the player and Barcelona were among the teams approached.
The contact with Barcelona raises the mouthwatering prospect of Ronaldo and Lionel Messi playing together for the first time in their careers.
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“The reason why Cristiano Ronaldo has been linked to PSG is not so much that PSG are thinking of getting him, it is because Jorge Mendes has been given instructions to find a team for Ronaldo,” Balague told BBC Radio 5 Live.
“We’ve seen this in the last six months, he was linked to Real Madrid.
“They said no chance, he’s not coming back.
“And there’s been talks about the MLS because Juventus want to get rid of that wage.
“It is as drastic as that. He’s been offered everywhere, including Barcelona.
“I’m not sure if they can get rid of him easily [because] with the kind of money he still earns – 23million euros net – that he was earning at Real Madrid and I think he equalled those wages when he went to Juventus.
“Who is going to pay that kind of money?