Portsmouth chief Peter Storrie says Lassana Diarra moves to Real Madrid with the club's best wishes.
"We wish Lassana all the best for the future and thank him for his efforts here," said Storrie after selling Diarra for a club record fee.
"He said himself when he came to us that he hoped he would one day play for a massive club - and you can't get much bigger than Real Madrid.
"It's fantastic we can do business with Real Madrid, one of the greatest sides in the world. It shows how far we've come," Storrie added on his club's website.