Despite the £24million arrival of David Beckham.Madrid finished the season without a major trophy and face qualification for next season's Champions League.
A five-game losing run in the Primera Liga topped off with Sunday's 4-1 annihilation by Real Sociedad, means Madrid finished fourth having led the Primera Liga by eight points as recently as March.
Club President Perez said: "What has happened over the last two months is hard to understand. We haven't had the order or the discipline in the club."
Chelsea are said to be interested in taking on Roberto Carlos. According to reports in Spain the player’s wage demands have been turned down by Real and that he will take up an offer from Chelsea that will more than double his salary to £120,000 a week.
"I’m leaving Real Madrid, I’m going," Roberto Carlos, whose contract with the Spanish club is scheduled to run out in July 2005, said on BBC Radio Brazil.