Zinedine Zidane has sensationally quit as director of Real Madrid .
The Frenchman announced the news at a press conference on Thursday afternoon, where he was joined by a visibly moved Real chairman Florentino Perez .
Zidane becomes the first boss to leave of his own accord in Perez's reign at Real, which spans 15 years across two separate spells .
His decision comes just days after he guided Real to their third successive Champions League victory, having beaten Liverpool 3-1 in the final in Kiev .
Here's a full transcript of what both men said .
Zidane: I love this club, I love the president .
He gave me the opportunity to come as a player and now manager and I am eternally grateful .
But we have to change .
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Perez: After winning the Champions League, the decision was unexpected .
It is a sad day for me, the fans and the players .
But he knows I wanted him as a player and as a manager .
I wanted him to remain forever and I wanted to convince him to remain .
But I know it was his final decision .
All I want to do is remind him that this club is his home and family .
Perez: I went to his house yesterday to see if he was prepared .
He told me that he was convinced he wanted to go .
I want to thank him for his commitment and passion to Real Madrid .
His behaviour has always been an example for all and representative of Real .
I don't want this to be a goodbye but a' see you soon ‘.
I have no doubt he will come back soon .
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Zidane: It can be a' see you subsequently ‘. Madrid has given me everything .
I will be close to this club all my life .
But the decision, for many, doesn't make sense. But it does to me .
It is the moment to make a change .
I think it is the right decision for everyone .
I have to thank the fans for all their support and love .
We have had complicated moments of the season, when you are not at your best, the fans push you and that constructed us better .
There are really beautiful moments, ending in a spectacular moment winning the third Champions League, but there are hard moments too. I think it's the right time .
Zidane: I believe the players need a change but I should thank them because at the end of the day it's them that fight out there and this is a club of very high expectations .
We always want more and more, I couldn't ask for more from these players but now is the time for them to have a different voice in the changing room .
It's not as simple as just staying. I think it would be difficult to keep winning if I remained .
Zidane: The squad already knows. I've not talked to them all individually but they all know .
I've sent a message to all the squad and I've spoken to Sergio Ramos .
As always as a person and captain, we have lived a lot together, he respects my decision. He wished me luck .
He is a leader, a captain and it has been a pleasure to share three more years with him .
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Zidane: I'm not going to coach-and-four another team right now. I'm not looking for another team .
Zidane: The most beautiful moment was when the president brought me to play for this great club .
If there's one as a coach-and-four, it was winning La Liga. For me that was the top .
This year the worst was losing the game against Leganes in the second leg of the Copa del Rey .
I won't use the word but you know it .