After much speculation on a possible transfer, Real Madrid forward Cristiano Ronaldo has agreed to join Juventus in a deal worth a reported 117 million U.S. dollars.<br /> The 33-year-old Portugal star is set to sign a four-year contract with Italy's Serie A champions, with a reduced annual salary of 35 million dollars.<br />Though the transfer fee is not the highest in football, it is among the top four. <br />Ronaldo has won 16 trophies, including four Champions League titles, and has scored 451 goals in his nine years at Real Madrid. <br />In an open letter to Real's fans, Ronaldo said he decided after much reflection, the "time has come for a new cycle." <br />