Wallace is currently on-loan at Inter Milan.
"I want to play for Real Madrid in the future. They are the team of my dreams since I was little and I would like to play with Cristiano Ronaldo," he told Globo Esporte.
"But I don't intend to go to Real Madrid now. I am still very young and I'll stay in Europe for a long time. I am playing for a big club. I want to stay here or return to Chelsea as I liked them a lot."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball