Despite recent rumors that the Real Madrid superstar would make a move to Manchester United this summer, the manager of the Red Devils at least temporarily put those rumors to rest.
The Real Madrid winger, the biggest threat to United staying in the Champions League, had been linked with a return to Old Trafford.
But manager Ferguson, describing it as a "false hope," said: "I don't think there's anything, as far as I'm aware, that would encourage me to think he would come back here. I don't think there's anything in that at all.
"He has got two years left on his contract. It could be to do with the fact that negotiations are going on for a new contract. I think maybe his agent is playing the game, though I'm not prepared to comment on that."
You can't blame Manchester United fans for wishing upon a star that Ronaldo might return. From 2003 to 2009, he dazzled the Old Trafford faithful, developing into a superstar in front of their eyes before departing to Real Madrid.
You can't blame folks for speculating that he might return to the Red Devils as rumors persist that he isn't happy with his contract.
And you definitely can't blame the rest of the Premier League for breathing a long and deep sigh of relief after reading Ferguson's comments. Can you imagine Ronaldo, Wayne Rooney and Robin van Persie on the same team?
The Red Devils would score enough to compete in the NBA with those three in the lineup.
But honestly, it doesn't make much sense for Ronaldo to depart Real Madrid. He's surrounded by world-class talent, he gets to face his chief rival, Lionel Messi, several times a year, and we all know Los Blancos will pay him.
And Ronaldo in Real Madrid white just seems so iconic at this point. It's hard for me to imagine him leaving that all behind.
Plus, there's no guarantee that he would return to Manchester United if he left Madrid. Perhaps PSG would make a move for him, or Bayern Munich. Perhaps he would just follow the money.
At the end of the day, it was fun to imagine Ronaldo returning to Manchester United, but it was never really a realistic proposition. Those days are behind him.
We can all wake up now.