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Although Real Madrid's website has yet to say anything, AS Monaco's website has announced their signing of Ricardo Carvalho.
Ricardo Carvalho arrived in Madrid in the summer transfer window of 2010 and scored the first league goal for Mourinho's Madrid against Osasuna in our second league game under that coach in a 1-0 win at the Bernabeu. He formed a good partnership in the centre of defence with Pepe before injury early in the 2011 season sidelined him for the remainder of his time at Madrid.
Good luck at Monaco!