Paris Saint-Germain (PSG) has refused to sign Cristiano Ronaldo, the Portuguese star who is currently playing for Manchester United, in exchange for Real Madrid's star forward Lionel Messi.

According to reports, PSG values Messi's value at just over 150 million euros per season, which makes him one of the most valuable players in world football. The club believes that signing Messi would not only boost their financial stability but also give them an advantage in negotiations with other clubs.

However, Real Madrid has expressed its desire to retain Messi and believes that he is worth more than just 150 million euros. They believe that they can offer Messi a contract worth several times his current salary, which could make him one of the highest paid players in world football.

The decision by PSG to refuse to sign Messi is likely to have consequences for the rest of the club's squad. It will be interesting to see how this situation plays out as PSG looks to secure their place in the top four of the league table next season.