Real Madrid made the announcement in a press release on Wednesday evening.
Emblematic figure of the Merengue club, Sergio Ramos leaves Real.
His contract expires on June 30.
The 35-year-old Spanish central-defender and captain has worn the Real jersey since 2005, with which he has won the Champions League four times and La Liga five times.
The club and the player will hold a press conference this Thursday at noon.
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