Cristiano Ronaldo Lil Wayne deal rumors have been circulating for days, and the Real Madrid soccer player has finally addressed the issue. According to an article from MTV, the Portugese sports star took to Twitter his official statement about being represented by the rapper's upcoming Sports Management Company.

Crtisiano Ronaldo tweeted about the Lil Wayne deal rumors last July 27, saying: "There have been news about changes on my management team - it's all false, and I can assure the team is - and will be - the same."

Lil Wayne is the CEO of Young Money music productions, the group behind successful artists such as Drake and Nicki Minaj.

The "Mr. Wayne" rapper is known to be a sports fanatic, but many deem that signing a sports star as big as Cristiano Ronaldo as his first client would be premature.

A previous report from TMZ said Lil Wayne has been eyeing to launch his own sports management company that would supposedly handle "everything from branding to marketing and endorsement deals" for Cristiano Ronaldo.

A previous report from Daily Mail even said Cristiano Ronaldo and Lil Wayne deal does not mean that thesoccer player will be leaving his current management but will simply have the hip hop artist responsible for his deals in the United States. The report added that Cristiano is "looking to market himself more in America".

A source also stated that aside from Cristiano's superstar status, Lil Wayne has been eyeing to get him to be part of his upcoming sports management company "because they're friends".

The Cristiano Ronaldo and Lil Wayne deal rumors began following the success of the World Cup this summer, which has gave football a huge burst of popularity in the United States. The World Cup frenzy generated record TV ratings throughout the tournament.

Other than being associated with Cristiano Ronaldo, Lil Wayne has been in the news lately due to his rumoured romantic involvement with songstress Christina Milian, who recently signed to be part of Young Money productions.