Cannavaro captained Italy to victory at the World Cup this month
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Real Madrid have announced the signing of Italy World Cup-winning captain Fabio Cannavaro and Brazil midfielder Emerson from Juventus.
The pair, who have signed a two-year deal with a further one-year option, will link up with their former Juve boss Fabio Capello at the Bernabeu.
Spanish radio said the deal was worth a combined 20 million Euros (£13.7m)
Juventus were relegated from Serie A last week after the match-fixing scandal which rocked Italian football.
They will start the 2006/07 campaign in Serie B with a 30-point deficit.
Real are looking to rebuild after three years without a trophy and the pair are the first arrivals at Madrid since new president Ramon Calderon came to power earlier this month.
A statement on the club's website said: "Real Madrid can confirm it has reached an agreement with Juventus over the signing of Fabio Cannavaro and Emerson.
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