Ronaldo posted on social media that “the chapter is over” following Al-Nassr’s final league game of the season in May, leading to speculation he was set for a move.
However, sources have told BBC Sport that the club are confident of extending Ronaldo’s deal.
Speaking before Portugal’s Nations League final against Spain on Sunday (20:00 BST), Ronaldo said a decision on his future was “almost final”.
The striker joined Al-Nassr in 2023 after the termination of his deal with Manchester United.
He has scored 99 goals in 111 appearances for the club, including 35 times in 41 matches last term.
Ronaldo scored the winner in a 2-1 victory against Germany on Wednesday to book Portugal’s spot in the Nations League final.
