​Real Madrid president Florentino Perez has finally opened up on why his club were happy to sell Cristiano Ronaldo when ​Juventus came calling in the summer transfer window. Perez's revelation comes after it was reported that ​he was going to speak about Ronaldo's sale in his meeting with the members of the club.

​Los Blancos sold their Portuguese hero to the Italian champions in a €105m deal following the departure of former coach Zinedine Zidane. Ronaldo had been at the club for nine years, and guided Los Blancos to four Champions League crowns during his time in Spain's capital.

And while the footballing world was pretty surprised at Madrid's willingness to sell, Perez viewed the whole situation from a financial point of view and how it would benefit his club.

Perez further specified how the huge offer from Juventus meant that selling Ronaldo was the 'best thing that happened', claiming he didn't expect to make more than €100million for his services.

As reported by ​Sport, Perez said, "When we all believe that the best thing is this that has happened, we reach an agreement. At Madrid nobody gave more than €100million."

The Madrid supremo concluded, "He wanted to go by subjects people and for personal reasons and he has gone has been for that amount, we have not had any more offers (for Ronaldo)."