David Beckham's contract at Real Madrid will not be renewed, according to the club's sporting director Predrag Mijatovic.

Beckham's current deal expires in the summer and Mijatovic told Italian television that the former England captain would not be offered fresh terms.

Mijatovic said: "Beckham will leave us. We will not renew his contract.''

Real had previously stated their desire to resolve the long-running Beckham contract issue one way or the other by the end of next week, and further talks were thought to be due to take place.

But Mijatovic has decided to curtail negotiations with immediate effect.

Beckham joined Real in July 2003 from Manchester United and was quickly labelled as a 'galactico'. But he has failed to land a trophy at the Bernabeu.

Clubs from across Europe and the United States are believed to be monitoring Beckham's situation and may now make their move.

It is understood there is firm interest from clubs in England, Italy, France and the United States, and Beckham's representatives have been free to speak to other clubs from January 1st.