David Beckham will decide on his Real Madrid future once he has talks with the club, according to his spokesman.
Capello often picked Beckham as a substitute for Real Madrid
Major League Soccer chief Don Garber claimed LA Galaxy-bound Beckham would ask to be released after Real said he would not play for the club again.
But a spokesman said: "The club are yet to express their intentions to David.
"Any reports suggesting David's lawyers are speaking to Real are inaccurate. He remains a Real player and he will be available for selection as usual."
Garber had earlier told Spain's Marca newspaper: "I understand his lawyers are working to secure a possible amicable exit from Real. We're not able to pay the buy-out clause.
Beckham's representatives have toyed with us for the last two months
Real Madrid president
"We want him to have it as soon as possible. David's keen to come sooner."
Beckham is due to head to the Galaxy in August after agreeing a five-year deal with the MLS club.
Announcing his decision on Thursday, Beckham stated his desire to give "100%" to Real Madrid until the end of the season.
However, coach Fabio Capello was angry that the former England captain failed to inform the club of his decision before making the announcement and vowed not to select him for Real.
"Beckham signed his contract before he spoke with Madrid and for me that doesn't seem right," said Capello.
The Italian's decision was backed by the club's president Ramon Calderon and sporting director Predrag Mijatovic.
"Beckham's representatives have toyed with us for the last two months," Calderon told Spanish radio station Onda Madrid.
"Whenever his representatives met Mijatovic, they never informed him or the club that he had agreed a contract with another club.
"They never told us that Beckham had made up his decision, that he had bought a house in Los Angeles. I don't feel that it's right and I certainly don't like it.
"I can understand Capello's decision to leave Beckham out of the first team. After all, the player has his mind somewhere else.
"It's sad because, considering Beckham's time at Madrid, he deserved a better ending at the club than this one."
Mijatovic added: "The coach took a decision and I respect it.
"I think it is logical for a player who has signed a contract with another team to have very limited chances of playing, especially if we take into account that we have many young players who are dying to prove themselves."
Real team-mate Ruud van Nistelrooy said he is unsure if Beckham, 31, will leave before his Real deal expires in July.
The Dutch striker, who was also his colleague at Manchester United, said: "I don't have a clue. He will make a decision, maybe he has already made his decision but I don't know anything about that."
Beckham was in attendance at the Bernabeu on Sunday as his team-mates beat Real Zaragoza 1-0 in the Primera Liga.
"Before the game he was in the dressing room, wishing us well, it was good to see," added Van Nistelrooy.
"His attitude is always good, caring for team, for the club. That's what he will keep doing.
"As players we care for each other and feel for one another if things happen that are not nice for another one. That's what I had with David.
"We try to support him, be there for him as much as we can. We can't change what has happened, unfortunately."
Beckham fever is ready to take off in the US
Meanwhile, Manchester United legend Sir Bobby Charlton believes Beckham's decision to ply his trade across the Atlantic has ended any chance of a return to the England team.
Beckham, who captained the side and won 94 caps, was dropped by new national team coach Steve McClaren after the 2006 World Cup.
"It is a bit of a shame. He has a lot still to give for England but I think that maybe could be the end of it," said Charlton.
The World Cup winner added: "It seems it was on the cards that at some time in his career that he would finish up in that sort of position in Hollywood, in Los Angeles.
"It is very glamorous and he lives a glamorous lifestyle, so I suppose it is fitting."
Beckham's coach-in-waiting at LA Galaxy, ex-Ipswich player Frank Yallop, said the former England skipper would have a key role in his team.
"I'm not giving too much away but I would think he'll play centrally for us," said the former Canada boss.
"We need him on the ball as much as possible and that's the best place to play him I would think."