As reported, the Spanish giants offered the team a sum of 17 million pounds sterling and 33-year-old Argentine national team defender Roberto Ayala for the Portuguese star.
The "Red Devils" reluctantly accepted this offer, but the Spanish club hopes that the Portuguese himself will not want to continue his career at Manchester United.
The inclusion of R. Ayala may not interest "Man Utd" head coach Sir Alex Ferguson, although for a long time the Scotsman was a big admirer of the Argentine.
C. Ronaldo is not included in the team for the tournament in Amsterdam, which will start on Saturday with a match against Portugal's "Porto." Instead, he, along with his teammates Luis Saha and Mikael Silvestre, remains in England, where "Man Utd" will clash with the lower league "Oxford" club on Tuesday.
If the Portuguese national team's full-back appears in these competitions, it will be his first official match since the end of the World Cup.
The player is also of interest to the Madrid "Real" club, which already acquired one "Man Utd" player - striker Ruud van Nistelrooy this summer.