“We are accustomed to intensive speculation on possible arrivals and departures during the transfer period,” wrote Rummenigge in the statement.
“As a rule, we do not comment on these rumours. But now in the case of Cristiano Ronaldo, we want to clarify once and for all that this rumour has no basis and must be referred to in the realm of fables.”
Under Perez, Real Madrid have won three Champions League titles in four seasons. The club — which also won La Liga last season — lead the way in the elite European competition with 12 trophies.
Perez’s opponents have criticised reforms in the club statutes which have toughened criteria for aspiring candidates.
Candidates must now have been a member of Real for over 20 years, compared to the old requirement of 10 years, and have a personal fortune of over 75 million euros.