Real Madrid's sporting director Predrag Mijatovic was quoted As saying that the England captain will not be offered a new contract and leave the club.
Real Madrid have replaced coach Bernd Schuster with former Sevilla and Tottenham Hotspur manager Juande Ramos, sporting director Predrag Mijatovic said.
Real Madrid chief Predrag Mijatovic said the former England captain must complete the remaining six months of his contract.
Real Madrid are still hopeful of signing AC Milan's Brazilian midfielder, despite the player saying he is happy where he is.
The Italy's World Cup-winning captain signed a three-year contract.
Fabio Cannavaro and Brazil's Emerson have agreed to join Real Madrid from troubled Serie A side Juventus.
Vice-president Adriano Galliani fired an angry broadside at Real Madrid for their attempts to lure Brazilian midfielder Kaka to Spain.
The 61-year-old Italian, who also won the league title with Real in the 1996-97 season during his first spell at the club, had two years left to run on his contract.
Former Real Madrid striker Predrag Mijatovic criticised Gareth Bale for lacking leadership qualities
But Saturday's Champions League final against his former club Juventus is a reminder that the Frenchman hasn't quite had it all his own way.
