Karim Benzema, who has won the most awards for Real Madrid, will depart the team after 14 years.
The 35-year-old French striker Benzema became Real's second-highest scorer of all time, after Cristiano Ronaldo, with 353 goals in 647 games and 25 championships won during his stint in Madrid.
According to a club statement from the Spanish behemoths, "Real Madrid and our captain Karim Benzema have agreed to end his brilliant and unforgettable period as a player for our club."
Real Madrid wants to express its appreciation and love for a player who is already among our greatest icons.Karim Benzema has epitomized decorum and professionalism throughout his Real Madrid career, and he has reflected the ideals of our organization. Karim Benzema merits the privilege.
Fans all around the world, including Madridistas, have appreciated his enchanted and distinctive brand of football, which has elevated him to both status as a great club icon and a legendary figure in sport.
"Real Madrid is and will always be his home, and we wish him and all of his family the best in this new stage of his life."
The current Ballon d'Or and UEFA Player of the Year, Karim Benzema, transferred from Lyon to Real in July 2009 for a rumored 35 million euro transfer fee.
His prize collection in Spain includes five Champions Leagues, five Club World Cups, four European Super Cups, four LaLiga championships, and three Copas, placing him fifth on the list of players with the most Real appearances.
Al-Ittihad of Saudi Arabia has been mentioned as a potential destination for Benzema.
Real have declared that on Tuesday, in the presence of the club's president Florentino Perez, they will organize "an institutional act of tribute and farewell" to Benzema in the Spanish capital.
Karim Benzema and Real Madrid have decided to finish his magnificent and illustrious career as a player for our club, according to a club statement released on Sunday.
"Real Madrid wishes to express its appreciation and love for the guy who is already regarded as one of our greatest legends.
Karim Benzema joined our club in 2009 at the age of just 21, and he has played a crucial role in this illustrious period of our history.
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