Real Madrid have told Racing Santander they will be keeping Sergio Canales at the Bernabeu next season, dashing the Cantabrians' hopes of taking their former player back on loan.
Canales signed for Madrid from Racing in the middle of last season, but completed the campaign at El Sardinero and was originally expected to spend at least another year on loan there. However, Racing president Francisco Pernia says he has always been resigned to the player moving to Madrid for the coming season.
"In the written terms of the agreement between the three parties it says they wanted him for next season - we knew it was going to be like that,'' he said at the launch of a campaign for season ticket holders on Tuesday.
Canales is looking forward to starting life at the Bernabeu and linking up with new Madrid coach Jose Mourinho. And the 19-year-old believes playing alongside Madrid's star players will help him settle in.
"I will have to work hard and I know it will be difficult to get in the team, but I am excited and I can't wait to get started,'' he told Marca. "Mourinho has won everything and he will be great for Madrid.
"I don't normally have difficulties adapting. I'm on open-minded person and I'm sure having so many great players alongside me will make things easier.''