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June 11, 2009

Record soccer deal sends Ronaldo to Madrid

Cristiano Ronaldo, the star winger for Manchester United, apparently is headed for Real Madrid in a record 80 million pound ($130.7 million) deal.

United owner Alex Ferguson decided to accept the offer, The Times of London reported, and the deal should be completed by the end of the month.

The Ronaldo deal is the second record transaction involving Real in a month. On Monday, the Spanish club agreed to pay AC Milan 56 million pounds ($91.5 million) for Brazilian star Kaka.