We ultimately have the power here, he is desperate to leave so if he wants to be free to join anybody then it's a mutual termination and no payments, but if he cares about the money and nobody wants to pay then he can sit on the bench or stands or piss around on his yacht
If you disregard the potential...mess which could follow from him sulking and whatnot, this is pretty much it.
And the potential mess - I dunno, but I think people may be exaggerating this aspect.
ETH has played this well, I think. He says, plainly, that he's looking forward to working with Ronaldo. As you would.
He hasn't said anything about treating him as royalty or building the team around him (that's a ridiculous interpretation of what he's actually said).
He has also stressed the fact that he demands a lot from his players.
And - significantly - he has said explicitly that he considers Ronaldo a top player who will meet his expectations.
Pretty clever, you could actually say.
If Ronaldo stays, he has to prove himself - that's the bottom line.