Transfers.

Transfers in: Capello - manager (Juventus) Cannavaro, Emerson (Juventus ) Van Nistelrooy (Manchester United) Diarra (Olympique Lyon) Reyes (Arsenal - one year loan)

Transfers out: López Caro - manager (Levante) Soldado (Osasuna - one year loan) Diogo (Zaragoza - one year loan) Pablo García (Celta - one year loan) Baptista (Arsenal - one year loan) Woodgate (Middlesbrough - one year loan) Gravesen (Glasgow Celtic) Zidane (retiring)

Transfers in and out: Borja (Mallorca - loan period ended, transferred to Valladolid) Juanfran (loan period at Espanyol ended, transferred to Osasuna) Portillo (loan period at Club Brugge ended, transferred to Nàstic) Carlos Sánchez (Almería - loan period ended, on to Castellón).