Casillas and Real reached an agreement for the separation

Iker Casillas and Real Madrid agreed to the separation. Official confirmation of the termination of the contractual relationship between the two sides is a matter of hours.
The contract of Casillas with Porto will be for a term of two years with the option for a third, which will enter into force, if the goalkeeper played 30 matches analyzed by 24footballtips.com in the second year of their stay in the Portuguese club.
The 34-year-old goalkeeper will receive a two-year contract for 10 million, and the brand will take 7 million euros.
Furthermore, Real Madrid will compensate him with 12.5 million for the remaining two years of his contract with the White Ballet, which expires in 2017.
Casillas and the direction of Real Madrid had a different, precisely on the compensation which the goalkeeper must obtain in the termination of his contract.