"Madrid may be my town, but I am happy here and pleased with everything. We want to stay because of the new ideas and the new owners are very exciting.
"It is so positive for the future. And I could not ignore the noise and support that I received from the supporters last week against Eindhoven, it was tremendous and moving. I repeat, I am very happy here.
"It was not a difficult decision. I have an objective here, I explained that when I spoke to the new owners and they told me they would be supportive.
"It is clear Madrid was an opportunity but I said no because I have a lot of confidence in the future here. I believe we can win more trophies.
"It's not easy to find a club where the majority of supporters are behind you and you have good staff, good players and the future can be brilliant. These things are more important than anything else."