Portugal captain, Cristiano Ronaldo, is believed to be close to signing a stunning £175million-a-year contract with Al-Nassr, according to Marca.
The agreement is expected to run for seven years, with the Portuguese superstar set to play for two-and-a-half years before taking up an ambassadorial role and his payment will increase over time.
Ronaldo, 37, has been searching for a new home since being axed by Manchester United following his bombshell interview with Piers Morgan before the World Cup.
According to Marca, the deal with Al-Nassr will be done in the next few hours.
Part of his ambassadorial role will be to help candidacy of the Arab country together with Egypt and Greece for their 2030 World Cup bid.
Al-Nassr are also preparing to cut three players to free up enough room financially to sign the veteran forward.
Talks have been ongoing for some time but a breakthrough was made in the last week.
Ronaldo was linked with the Saudi Arabian club before the 2022 World Cup in Qatar but refused to comment as he was focused on the tournament.