Ronaldo has accomplished every major achievement with Real Madrid and he said it was just time for a change.
It is at that meeting where it is believed the transfer was finalised with Ronaldo surrounded by his girlfriend and family, who is now on holiday with him.
It was understood that, after Real Madrid, there was nowhere left to go.
In a statement, the club admitted that they had granted Ronaldo with his wish to leave the club. It has been an exciting time for me, full of consideration but also hard because Real Madrid is of a very high demand, but I know very well that I will never forget that I have enjoyed football here in a unique way.
Following his move to pastures new in Turin, Ronaldo has ended an illustrious nine-year stint at the Bernabeu's hallowed turf with a sensational 450 goals in only 438 matches across all competitions for the club since completing a move from Manchester United in 2009. "Beyond the titles he won during these nine years at the club, Cristiano Ronaldo has also been an example of dedication, work, responsibility, talent and constant improvement". I can only give thanks to all of them for the love and affection that I have received.
Ronaldo will sign a four-year deal that includes a yearly salary of around €30m ($35 million), according to The Guardian.
Manchester United chose not to sign Ronaldo due to their interest in his Real Madrid team-mate Gareth Bale.
Juventus shares popped after it was reported that the side is close to signing Real Madrid superstar Cristiano Ronaldo for €100 million ($117 million).
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Ronaldo himself got off to a brilliant start in the tournament, scoring an incredible hat-trick against Spain, but had an extremely disappointing end after being knocked out by Uruguay in the last 16.
Ronaldo's best ever season as a professional came in 2011-12, when he scored 69 times for club and country.
Marca added that English striker Harry Kane has been linked to Real Madrid as well.
Ronaldo made his debut for Sporting Lisbon when he was 17.
He spent six seasons in England, winning three Premier League titles, one Champions League title and one FA Cup. He helped the Portuguese team reach the semifinals in his first World Cup in 2006.
He has since gone on to score 126 more times for the club, while his 85 strikes for Portgual make him his country's all-time leading goalscorer.
Portugal was eliminated by Uruguay in the round of 16 of this year's tournament in Russian Federation.