Sergio Ramos will appear at a news conference on Thursday amid rumours over his future, Real Madrid have confirmed.
Ramos, who is Madrid s captain, has been linked with a move to the Chinese Super League and will address the media at 17:30 local time.
Madrid president Florentino Perez confirmed to Spanish radio station Onda Cero this week that Ramos had indicated his desire to leave, but insisted a free transfer was out of the question.
They [Ramos advisors] mentioned that he might leave but without a transfer fee because transfer fees in China are very complicated, Perez said.
I told him that he can t leave and that we would be speaking to the Chinese club interested in signing him.
It s impossible to let your captain leave for free, that would be setting a bad precedent.
Ramos has been at Madrid since joining from Sevilla in 2005, becoming one of the club s modern icons.
He captained Madrid to Champions League titles in each of the past three seasons and also won the tournament in 2013-14.
Spain defender Ramos has also won four LaLiga titles during his time at Madrid, along with four Club World Cups.