Perez: No plans to sell Kaka
"We've never said that we wanted to sell Kaka, and we've never tried to sell him," Perez told supporters at an assembly of club members on Sunday.
Kaka joined Real from AC Milan in 2009 for a then world record fee of €65million but has not played a single minute of competitive football this season and does not appear to feature in the plans of coach Jose Mourinho.
The 30-year-old has been unable to recapture his Milan form during his three years in the Spanish capital, but Perez said he had demonstrated his worth in other ways.
"Kaka has earned us lots of money," said Perez. "He came to the club three years ago as an investment that has brought us big profits. Economically speaking, it's a transfer that has borne fruits."