Ronaldo ruptured a tendon in his left knee in February
Former Brazil striker Ronaldo has agreed to join Sao Paulo-based outfit Corinthians after fighting back from a serious knee injury.
The 32-year-old, who left AC Milan last June, made his comeback in a charity match in Morocco last month.
"We've reached a verbal agreement for Ronaldo to play there (Corinthians)," said his agent Fabiano Farah.
The Brazilian has agreed a one-year contract with the club who have won promotion back to the first division.
Corinthians confirmed negotiations were at an advanced stage.
"In the next few hours, the two sides should provide the final formalities to close the deal and set a date for the presentation of the athlete," said a statement on the club's website.
It will be the first time Ronaldo has played for a Brazilian club since leaving Cruzeiro at the age of 17 to join PSV Eindhoven.
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The three-time world player of the year spent nine months on the sidelines after rupturing a tendon in his left knee while playing for AC Milan in February.
His contract with Milan expired on 30 June and he was training with Brazilian outfit Flamengo in an effort to return to full fitness.
The former Barcelona, Real Madrid and Inter Milan striker recently turned down an offer to join Italian side Siena.
Ronaldo, shown here in 2005.

Three-time soccer world player of the year Ronaldo has agreed to return home to Brazil and join Corinthians in São Paulo.

Ronaldo (born Ronaldo Luis Nazário de Lima), 32, is coming back from a major knee injury after rupturing a tendon in his left knee nine months ago - the third such injury in his career. In June, Italian powerhouse A.C. Milan let Ronaldo go instead of resigning him as he had reached the end of his contract. Many people thought this injury could be the end of Ronaldo's career - including Ronaldo himself.

"I don't know if I will continue to play or if I will retire," Ronaldo told Gazzetta dello Sport in November.  "I have not taken a decision yet. I am in no hurry to make a decision. I want to complete my recovery."

Apparently, that decision has been made. Ronaldo's agent, Fabiano Farah stated today, "We've reached a verbal agreement for Ronaldo to play there São Paulo)."

It is unofficially believed that Ronaldo will receive a one year contract, and the Corinthians posted a statement to their website, writing: "In the next few hours, the two sides should provide the final formalities to close the deal and set a date for the presentation of the athlete."

Ronaldo has scored 319 goals in 451 appearances over seventeen seasons with PSV Eindhoven, F.C. Barcelona, Inter Milan, Real Madrid, and AC Milan.