Cristiano Ronaldo

Despite reports that Lil Wayne is launching a sports management agency… and has inked a deal with soccer star Cristiano Ronaldo, both sides called the claims aren’t entirely true.

TMZ Sports reported last week that Weezy and Ronaldo entered into a partnership in which the rap star would handle management duties for the soccer superstar within the U.S.

Ronaldo tweeted Saturday (July 26) that his management remains the same. “There have been news about changes on my management team – it’s all false, and I can assure the team is – and will be – the same.”

Instead, Weezy’s company will handle branding, marketing and other sports management issues in the United States.

A rep for Lil Wayne echoed those comments, saying the two are definitely working together.