El Fenomeno joined the Rossoneri in January of 2007 from Real Madrid and had a fine end to the Serie A season.
However the striker had a completely disastrous start to this campaign, making only one appearance before Christmas due to injury.
This led to strong reports that Ronaldo, whose contract with the club runs out in June, would be allowed to leave, with Flamengo heavily touted as a possible destination.
However the 31-year-old has now returned to fitness and has impressed in his two games in 2008, scoring twice against Napoli and hitting the post last Sunday against Udinese.
As a result the ‘Corriere’ claims that Milan will now offer him a contract extension until 2009, with a further, later option until 2010.
Ronaldo will probably keep roughly the same wage and he will also retain 100 per cent of his lucrative image rights.
The ex-PSV star is likely to be rested during tonight’s Serie A clash at Atalanta, with Sunday’s substitute goal-hero Alberto Gilardino taking his place alongside Alexandre Pato and Kaka.
“Ronaldo and Alexandre Pato are both very fresh. But it’s most likely that Ronaldo will be rested as he is 31-years-old and he has been out of action for six months. He’s still not 100 per cent but he is returning to match fitness,” Milan boss Carlo Ancelotti said in yesterday’s press conference.
-Source Goal.com
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