Carlo Ancelotti has dismissed the growing rumors that Cristiano Ronaldo could return to Manchester United next summer.

Reports have indicated that Real Madrid feel inclined to sell Ronaldo with him soon turning 30 and remaining a valuable commodity that would help the club with their debt situation.

"Cristiano is happy here, very motivated to be here, and all madridismo is delighted with him," said Ancelotti. "So these [reports] are nonsense.

"He is the best player in the world, without doubt, and has been for a long time. He has been showing great professionalism, character and leadership. We must enjoy him and do everything to keep him in this physical and mental condition -- as he will help us to win trophies."