The Portugal forward joined Al Nassr on December 30 after his acrimonious departure from Manchester United, signing a two-and-a-half-year contract reportedly worth around €200million (£177m) per year.
Reports suggested Ronaldo's agreement included an additional bonus to act as an ambassador for Saudi Arabia's World Cup bid, with the Middle East aiming to host another tournament after Qatar 2022.
Al Nassr strongly denied claims Ronaldo had been offered a financial incentive to secure FIFA's top tournament, with Spain, Ukraine and his home country Portugal among the others to make a joint bid to host.
"Al Nassr FC would like to clarify that contrary to news reports, Cristiano Ronaldo's contract with Al Nassr does not entail commitments to any World Cup bids," a statement read.
"His main focus is on Al Nassr and to work with his team-mates to help the club achieve success."
Ronaldo is yet to make his debut for Al Nassr after missing Friday's clash with Al Tai as he served the first part of a two-match ban from the English Football Association.
A General Assembly met virtually on Friday and clubs ratified last month's decision from organisers to end the 2019-20 season, which has been halted since March amid the coronavirus pandemic.
All 16 teams in the top-flight had played 29 regular-season matches before the campaign was stopped, with Brugge 15 points clear of Gent at the top of the table.
The league season has now been declared over and no play-offs will be played to determine final positions, as is usually the case in Belgium's top division.
It is Brugge's third title in the past five seasons and they will directly enter the group stage of next season's Champions League.
Gent go into the third qualifying round of Europe's premier club competition by virtue of being one point clear of third-placed Sporting Charleroi when the league was halted.
Despite the league being brought to an end, the general assembly concluded they would "try to play" the Belgian Cup final "during the last weekend authorised by UEFA and before the start of the regular competition for the 2020-21 Pro League season".
Antwerp are fourth in the league but will gain automatic entry to the Europa League instead of Charleroi if they are able to play, and win, the final against Brugge.
If Brugge triumph in the final or the match cannot be held, Antwerp will instead have to go through Europa League qualifying along with fifth-placed Standard Liege, with Charleroi going straight into the group phase.
Waasland-Beveren are relegated, as they sat two points adrift of KV Oostende in the standings.
In what would be an unprecedented move in response to the coronavirus pandemic, current leaders Club Brugge stand to be named as champions.
A working group will now assess the potential sporting and financial implications of the board of directors' decision, with a general assembly to convene on April 15 and discuss the findings.
The Belgian top-flight has one regular-season round of fixtures remaining, which would normally precede a play-off competition to determine the winners and qualifiers for the Champions League and Europa League.
Brugge, who finished second in 2018-19, are 15 points clear and look set to benefit from Thursday's directive, while Waasland-Beveren – two points from safety at the foot of the table – are facing relegation.
A league statement read: "The Pro League board of directors met today by conference call. The most important item on the agenda was obviously the issue of continued competition in the context of the coronavirus crisis.
"The current situation, particularly precarious, in which our country finds itself has as a consequence that sport is not and cannot be considered as the first concern, however entertaining and relaxing it may be.
"In this context, it is the responsibility of the Board of Directors to make a recommendation, taking into account public health, the interests of all stakeholders and the wishes of the majority of clubs. to not resume competition."
It remains to be seen whether the final of the Belgian Cup, originally due to take place on March 22 between Brugge and Antwerp, will still go ahead later in the year.
Football and sport in general has been put on hold in the vast majority of countries around the world as governments attempt to combat the spread of COVID-19.
Euro 2020 has been pushed back to 2021, as have the Olympics, with UEFA also postponing this year's Champions League and Europa League indefinitely.
The top leagues in Europe are still on hiatus, with finishing the season still a priority, although UEFA chairman Aleksander Ceferin has acknowledged it may prove impossible to do so.
Last week, organisers recommended rendering the season void, with the coronavirus pandemic having seen all but a handful of sporting competitions across the world put on hold.
The unprecedented move would have seen Club Brugge declared champions and Waasland-Beveren relegated.
UEFA later insisted that any such decision was premature and that cancelling the whole campaign must be seen as "a last resort" by all member associations.
A Pro League general assembly had been called for April 15 to discuss the findings of a working group tasked with assessing the sporting and financial implications of declaring the season over.
However, a statement on Thursday confirmed the assembly has been delayed until April 24, when all Pro League clubs will be invited to attend.
"The members of the working group appointed by the board of directors are now continuing their duties," the statement added.
High-profile additions to the playing staff are among a number of ambitious proposals Leven, who hopes to gain control of the club at elections planned for November, has put forward to turn around the fortunes of a club that has struggled to pay wages this year.
As part of the 'Somamos' project he also hopes to bring in US$400million in six years, redevelop the Sao Januario and raise the capacity to 55,000, increase the membership base to record-breaking levels and purchase clubs in Europe and China to expand the Vasco brand.
Leven claims to have been working with Italian businessman and sporting director Fabio Cordella as well as agent Mino Raiola, whose clients include Ibrahimovic and Balotelli.
"We are negotiating, trying to make the Vasco of our dreams," Leven said in an interview with FOXSports.com.br.
"Balotelli and Ibrahimovic have the same agent. Ibrahimovic would be a more daring project.
"But you don't have to think about which great player will be hired, but that we will bring in great players. If it's not one, it will be another."
Former Manchester City and Barcelona midfielder Yaya Toure was linked with a switch to Botafogo that did not come to fruition, but Leven suggested Vasco stand a chance of securing a deal for the former Ivory Coast international.
"In football there are no coincidences. If [Toure] didn't go to Botafogo, it was because someone stopped him. Maybe he's close to me," he said.
A move to return Jiangsu Suning forward Teixeira to Vasco reportedly hit a stumbling block, while Al Hilal's Giovinco is understood to be another target for the club.
Leven has also promised to bring Brazil international Souza back to the club.
"If we have players at the level of Balotelli, Yaya Toure, Giovinco, Alex Teixeira and Souza, we are a competitive team," added Leven.
The ban was handed out in November in relation to an incident in the Premier League game between Everton and Manchester United last season. Ronaldo slapped a phone out of the hand of a 14-year-old Everton fan as he stormed off the pitch following the Red Devils' 1-0 defeat at Goodison Park.
Five-time Ballon d'Or winner Ronaldo was unveiled by Al Nassr on Tuesday after signing a two-and-a-half-year deal with the Saudi Arabian club.
After Ronaldo's move was confirmed, it was reported Al Nassr were considering defying the ban and were willing to pay any fine imposed by FIFA as a result.
However, the 37-year-old did not feature in head coach Rudi Garcia's team for Friday's match, suggesting Ronaldo will have to wait at least until January 22 to make his bow for the club in the home clash with Al Ettifaq.
Following a suspension, Ronaldo made his Al Nassr debut on Sunday against Al Ittifaq, captaining his new side.
The first match of his highly lucrative contract in Saudi Arabia ended in a 1-0 victory, but Ronaldo was not the goal hero.
Talisca, the Brazilian former Benfica and Besiktas forward, headed the only goal before celebrating with the new boy.
Ronaldo appeared to be sporting a black eye, having received a blow to the face in a challenge with Keylor Navas during this week's exhibition between a Riyadh All-Stars team and Paris Saint-Germain.
Victory in Ronaldo's bow ensured Al Nassr finished the weekend ahead of Al Hilal, having been briefly knocked off top spot by their rivals earlier on Sunday.
German football chiefs expect the top-of-the-table match between Bayern Munich and RB Leipzig to go ahead as scheduled at 18:00 local time (17:00 GMT).
However, the Rhine derby between Borussia Monchengladbach and Cologne, which was due to be played at 15:30 local time (14:30 GMT), was postponed due to the poor conditions caused by Storm Sabine, as it has been called in Germany.
The Bundesliga announced on its website: "With the high winds and widespread rains that have been battering parts of Europe showing no signs of abating, the Deutsche Fussball Liga, in consultation with the local authorities, have decided to postpone the fixture on safety grounds."
It said a new date for the match would be announced in the coming weeks.
Dutch Eredivisie officials made an early call on the weather, deciding on Saturday that Sunday's schedule would be cancelled.
That meant games including Utrecht's home fixture against leaders Ajax, and second-placed AZ's clash with third-placed Feyenoord, were postponed to a later date.
Belgium's Pro League also cancelled all Sunday fixtures.
Football was set to continue in England, however, with Sheffield United preparing to face Bournemouth and Manchester City hosting West Ham in Premier League action.
Top-flight fixtures in France, Spain and Italy look set to go ahead, along with the Six Nations rugby union clash between France and Italy in Paris.