If you disregard the potential...mess which could follow from him sulking and whatnot, this is pretty much it.
And the potential mess - I dunno, but I think people may be exaggerating this aspect.
ETH has played this well, I think. He says, plainly, that he's looking forward to working with Ronaldo. As you would.
He hasn't said anything about treating him as royalty or building the team around him (that's a ridiculous interpretation of what he's actually said).
He has also stressed the fact that he demands a lot from his players.
And - significantly - he has said explicitly that he considers Ronaldo a top player who will meet his expectations.
Pretty clever, you could actually say.
If Ronaldo stays, he has to prove himself - that's the bottom line.