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Manchester United have accepted a world record offer of GBP 80 M from Real Madrid for Cristiano Ronaldo.
"United have agreed to give Real Madrid permission to talk to the player," read a statement from the Old Trafford club, the BBC reported Thursday.
It added that the decision came at Ronaldo's request after he "again expressed his desire to leave".
United described the offer for the 24-year-old forward as unconditional and added that they expected the matter to be concluded by 30 June.
It is understood that the transfer fee would be made available for United manager Sir Alex Ferguson to invest in the transfer market.
Madrid signed Brazilian Kaka for a reported GBP 56 M earlier in the week, surpassing the previous world record fee in pounds sterling of GBP 45.6 M, which Real paid for Zinedine Zidane in 2001.
Madrid have also been linked with Liverpool's Xabi Alonso, Valencia's David Villa and Bayern Munich's Franck Ribery since Perez's unopposed election signalled the return of their vast spending.
It took time for Ronaldo to find his best form after joining United but became a pivotal player for United, who have won the last three Premier League titles.
In the 2007-08 season he scored 42 goals, which topped the previous club record for a midfielder held by George Best, and was on the scoresheet as United defeated Chelsea in the Champions League final.
Ronaldo was the top scorer last season with 26 goals, taking his total for United to 118 in 292 appearances.
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