United confirmed on Thursday morning they had accepted an £80million bid for the world player of the year, with a world-record deal expected to go through by June 30.
The news had been expected given that Real stated on Wednesday night talks were under way and now it is only a matter of finalising the player's personal terms before he completes a dream move to the Bernabeu.
Real president Florentino Perez had already vowed to do "everything possible" to sign the 24-year-old and, unlike 12 months ago, Sir Alex Ferguson did not even attempt to talk Ronaldo round, knowing the former Sporting Lisbon player had his heart set on a move.
A United statement read: "At the request of Cristiano - who has again expressed his desire to leave - and after discussion with the player's representatives, United have agreed to give Real Madrid permission to talk to the player.
"Matters are expected to be concluded by 30 June. The club will not comment until further notice."
The Manchester United and Portugal winger is set to discuss personal terms and undergo a medical with the Bernabeu giants after the English side accepted the offer on Thursday. "I have had my time at Man United. It's time to look forward and £80million is quite a sum of money. This deal is historic," said Ronaldo, who is currently on holiday in Los Angeles. "It's flattering when two of the top teams in the world want you to play for them. "Now I can look forward to Real Madrid and a new stage in my career. I learned of the deal here in LA and heard from my people that United had accepted."
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