The Brazil attacker is being linked with a move to the Saudi Pro League this summer amid tension with the Real support.
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But before their clash with Villarreal this weekend, Arbeloa said: "It's not up to me, but obviously I hope he continues to make history here."
On the January market, he also said: "I have an extraordinary squad. If anything is needed, the club will be able to count on the youth team, as always.
"The players are willing to work hard, they welcomed me with open arms.
"They put the team before the individual, even when playing out of position.