The 2006 world player of the year has only one more year to run on his current deal.

However, Cannavaro, 35, is determined to carry on with nine-time European champions Real.

“Of course without any problem,” Cannavaro told El Mundo Deportivo when asked whether he was ready to extend his Real stay.

“Before talking to another team we will talk to Real. Here before matches there is laughter, music and joy.

“If you smile in Italy you run the risk of being accused of not being ready for the match.”