Sergio Ramos latest: Manchester United target 'offered new £5m contract' by Real Madrid - less than what the defender wants

The offer is less than what Ramos believes he is worth

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Real Madrid have offered Sergio Ramos a new deal to stay at the club, according to reports in Spain.

Spanish radio station Cadena SER report that the Spanish club have offered the 29-year-old a contract worth around €7.5million (£5.34m/£100,000-a-week), an improvement on his current deal but way below what he expects to make.

Manchester United, who remain strong contenders for Ramos' signature, have been previously reported to have offered Ramos around €11m (£7.83m/£150,000a-week) a year for five years.

According to Cadena SER, Real Madrid would only be prepared to offer Ramos a maximum of around €8.5m per year, below the defender's demands of around €10m.

However, the report also indicates that the centre-back could reject any offer from President Florentino Perez as he is still unhappy at the way he has been treated, with news of his contract dispute leaked and the club hierarchy failing to deny reports linking him with Barcelona.

Ramos' link with United could still be an elaborate bluff to force Real Madrid into offering a new contract, but Manchester United are using his contract situation, as well as Real Madrid's pursuit of David De Gea, to their advantage.