Cristiano Ronaldo has joined Juventus on a four-year contract, bringing to an end his nine-year stay at Real Madrid.
The fee for the five-time Ballon d'Or winner is in the region of £105m, according to Sky sources.
A statement from Real Madrid on their official website said the Portuguese forward had asked to leave the club.
It read: "In response to the will and request expressed by the player Cristiano Ronaldo, he has agreed to transfer to Juventus.
"Real Madrid wants to express its gratitude to a player who has proved to be the best in the world and who has marked one of the brightest times in the history of our club and world football.
"Beyond the conquered titles, the trophies achieved and the triumphs achieved in the playing fields during these nine years, Cristiano Ronaldo has been an example of dedication, work, responsibility, talent and improvement.
"For Real Madrid Cristiano Ronaldo will always be one of his great symbols and a unique reference for the next generations. Real Madrid will always be your home."
Sky Sports reported earlier on Tuesday that Juventus president Andrea Agnelli was at Ronaldo's hotel in Greece to discuss the move.
The player's agent Jorge Mendes was understood to be meeting Real Madrid at the same time.
Ronaldo departs Real as the club's all-time top scorer, with an extraordinary 451 goals in 438 games.
He won four Champions Leagues, two La Liga titles and two Copa del Reys during his time at the Bernabeu.
In a letter posted on Real's website, Ronaldo confirmed he had asked to move on as "the time has come for a new cycle".
He also said the time he spent in the Spanish capital, following his then world-record £80m move from Manchester United, was "possibly the happiest of my life"
The fee for the five-time Ballon d'Or winner is in the region of £105m, according to Sky sources.
A statement from Real Madrid on their official website said the Portuguese forward had asked to leave the club.
It read: "In response to the will and request expressed by the player Cristiano Ronaldo, he has agreed to transfer to Juventus.
"Real Madrid wants to express its gratitude to a player who has proved to be the best in the world and who has marked one of the brightest times in the history of our club and world football.
"Beyond the conquered titles, the trophies achieved and the triumphs achieved in the playing fields during these nine years, Cristiano Ronaldo has been an example of dedication, work, responsibility, talent and improvement.
"For Real Madrid Cristiano Ronaldo will always be one of his great symbols and a unique reference for the next generations. Real Madrid will always be your home."
Sky Sports reported earlier on Tuesday that Juventus president Andrea Agnelli was at Ronaldo's hotel in Greece to discuss the move.
The player's agent Jorge Mendes was understood to be meeting Real Madrid at the same time.
Ronaldo departs Real as the club's all-time top scorer, with an extraordinary 451 goals in 438 games.
He won four Champions Leagues, two La Liga titles and two Copa del Reys during his time at the Bernabeu.
In a letter posted on Real's website, Ronaldo confirmed he had asked to move on as "the time has come for a new cycle".
He also said the time he spent in the Spanish capital, following his then world-record £80m move from Manchester United, was "possibly the happiest of my life"
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