Together they have helped the club to the top of La Liga this season, where they sit two points clear of Barcelona.
However, both players have hit a rough patch in recent months.
Bale has struggled since returning from an ankle injury back in February.
Gareth Bale wants the same treatment as Cristiano Ronaldo at Real Madrid
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Ronaldo, meanwhile, has shown signs of waning at the age of 32, scoring and assisting less than in previous seasons.
Both players are determined to be the club's main man.
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And Spanish outlet Diario Gol claim Bale has made an agreement with club president Florentino Perez about being the club's main man.
Real have often built their team around Ronaldo, giving him preferential treatment when it comes to selection and transfers in the process.
Florentino Perez has agreed to let Gareth Bale receive the same treatment as Cristiano Ronaldo
It was reported last month that the Euro 2016 winner had stopped Madrid from signing Manchester United star Paul Pogba.
Bale wants the same for himself and Perez agreed to grant him equal rights.
However, his inconsistent form has concerned the president and Bale has been told he must improve if Perez is to uphold his end of the deal.