I don’t think that this transfer is going to happen, unless
Bayern have a new coach in place who badly wants Ronaldo to come and play for them. Furthermore it’ll also depend if Ten Hag wants him on the bench as the season progresses, hence it’s not in Ronaldo’s hand because as far as I know Bayern don’t want him and Ten Hag may not let him leave.
I think so too, because if both parties don't come to a good agreement on something, then obviously any transfer will never happen. Especially if they both have different ideas by not wanting Ronaldo's arrival to Bayern and also by not having the intention of releasing Ronaldo from Ten Hag. So it's true that it's probably not going to happen to either team in terms of transfers for a certain amount of time