During an emotional press conference on Monday, the Madrid icon bid a tearful goodbye to the club - and was hailed as one of Madrid's greatest ever players by Los Blancos president Florentino Perez.
Perez said: "Today we say thank you to our great captain, one of our biggest legends. The player with the most titles in the history of Real Madrid. Marcelo.
"Dear Marcelo, you are one of the greatest left-back of the history of Real Madrid and of football. Dear Marcelo, you have fulfilled all the dreams you had when you arrived at only 18 years old."
He added: "Twenty five titles, 564 games and 38 goals. You are one of the greatest. Real Madrid will always be your home. Thank you for everything you've done. Dear Marcelo, our fans will always keep you inside their hearts. We are proud."