Sergio Ramos leaves Real Madrid after 16 years at the club after Florentino Perez snub.

Real Madrid captain Sergio Ramos has left the club after 16 years of service.

The Real Madrid captain will hold a press conference on Thursday to formally announce his exit.

A short statement on Real Madrid’s official website read: “Real Madrid CF announces that tomorrow, Thursday, June 17, at 12:30 pm, there will be an institutional act of tribute and farewell to our captain Sergio Ramos, with the presence of our president Florentino Perez.

“Next, Sergio Ramos will appear before the media at a telematic press conference.”

Ramos has made 671 appearances over 16 seasons at the Bernabeu but his relationship with Real Madrid president Florentino Perez is at an all-time low.

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Ramos’ contract is coming up for renewal but Perez has repeatedly suggested Madrid would find it difficult to tie the centre-back down to a new deal.

Real Madrid are not in a strong financial position but are very keen to strengthen this summer nonetheless, with Kylian Mbappe at the top of their wish list.

Ramos earns a reported £312,000-per-week, making him one of the top earners at the club.