Marcelo can't see a Real Madrid without club captain Raul.
Reports in Spain claim that MLS side New York Red Bulls are keen to sign the 32-year-old for next season.
However, when asked about the possibility of his club captain leaving for the US this summer, Madrid full-back Marcelo said: "I can't picture Raul wearing any shirt that isn't that of Real Madrid.
"We've not spoken about this in the dressing room. Raul is a symbol of Madrid, with all those titles, goals and games that he's won. He's a phenomenon."