Real Valladolid president Ronaldo says he's given up his salary for the past year.

Valladolid's books have shown a shortfall of over €5m for the year, though there is confidence of getting back in the black after winning promotion.

Real Madrid legend Ronaldo has sacrificed his salary and also approved a working budget with a turnover of €60m.

Valladolid currently sit mid-table during the World Cup recesss.