The 37-year-old is currently without a club having left Manchester United last month following a high-profile fall out.
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This came after his explosive interview with Piers Morgan in which he lashed out at several high-profile figures at the club, including the Glazer family and Erik ten Hag.
Since then, speculation over his future has been a huge topic of conversation on newspapers around the world.
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Reports had suggested that Saudi Arabian side Al Nassr had agreed a £173million deal to sign Ronaldo after the World Cup, something that the player himself denied.
But according to journalist Fabrizio Romano, the interest from Al Nassr remains valid, with the forward waiting for offers from from Europe.
He wrote on Twitter: "Cristiano Ronaldo has not made any decision on his future — nothing will be signed before the end of World Cup.
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"Al Nassr bid remains valid: €200m per year until 2025. But nothing has been agreed, as reported last week.
"Cristiano, waiting for European clubs to move."
Ronaldo even addressed reports that he had agreed to move to Saudi Arabia following the World Cup's conclusion.
"No, it's not true," he insisted when quizzed by reporters over the claims.
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The five-time Ballon d'Or winner continues to be in the spotlight at the World Cup.
He was dropped to the bench for the last-16 clash with Switzerland, with his replacement going on to score a hat-trick.
Portugal were then forced to deny claims that he threatened to leave Qatar following a fall out with manager Fernando Santos.
Portugal face Morocco in the quarter-final on Saturday at 3pm.
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