MADRID JUST FAB FOR CANNAVARO.

Italy captain Fabio Cannavaro claims he will stay with Real Madrid.

The 34-year-old reigning FIFA World Player of the Year joined the Spanish giants shortly after leading the Azzurri to World Cup glory last year, winning the Primera Liga title in his first season with the club.

Some had linked the defender with a return to former club Juventus, who

are back in Serie A after being relegated for match-fixing 12 months ago.

But Cannavaro said: "In Italy they are saying I will come back but it's not true.

"I have always said I am happy at Real Madrid and Spain generally and I am proud to play for this club.

"I will definitely stay at Real Madrid."

Cannavaro 'turned down Chelsea'

Fifa World Player of the Year Fabio Cannavaro has rejected the chance to join Chelsea, according to his agent.

The Real Madrid defender, 33, has been the subject of speculation since Real dismissed coach Fabio Capello.

Cannavaro's agent Gaetano Fedele said Chelsea made an offer "but we postponed everything due to Real Madrid's wish".

"New Madrid coach Bernd Schuster has said that Fabio is untouchable. It's highly unlikely that Fabio will leave Real Madrid at least this year."

Cannavaro joined Real from Juventus shortly after skippering Italy to World Cup glory last summer, and is under contract with the Spanish champions for a further two seasons.

"Fabio is in Madrid where he has adapted very well," said Fedele.

"They have won a championship and hence I don't think there is a possibility he will leave Madrid.

"Fabio's wish is to win the Champions League and the only team that can let him do that is Real Madrid."