Juventus executive Andrea Agnelli said that Ronaldo will stay at the club despite Maurizio Sarri's sacking and their elimination from the Champions League.
There were rumors linking Ronaldo with a move away from the club this summer.
"I am entirely convinced he will stay. I think the report was down to an interview from several months ago, which just happened to be published just before we played against a French team.
"It's an old media trick. No, I can assure you that Ronaldo remains a pillar of Juventus," said Agnelli.