Speculation about Ronaldo's future has been rife recently, ever since the Portugal international admitted he was "sad" at Real Madrid earlier in the campaign.
As a result of Ronaldo's comments and his apparent unhappiness with his deal at the Bernabeu the 27-year-old has been linked with a record-breaking move elsewhere.
French giants PSG might be the only club able to afford Ronaldo and while Leonardo admits he could be a target one day he says they have made no contact with Real about a potential deal at this time.
"PSG has become the club where anything's possible. Ronaldo has a long contract with Real Madrid and you don't just leave the club like that. There is nothing specific; there's no contact," Leonardo told L'Équipe.
"But currently, when talking about a move by a player like him, there are only four or five clubs which he might go to and PSG is one of them."