Ancelotti and Real Madrid reach verbal exit agreement as Brazil job looms

Carlo Ancelotti and Real Madrid have reportedly reached an agreement over the coach’s departure from the Santiago Bernabeu, which will presumably pave the way for him to become the new Brazil national team manager.

The Italian boss had long been rumoured to be on the verge of leaving Los Blancos amid speculation of a move to the Seleção, with an emissary from the five-time World Cup winners having traveled to Madrid multiple times in recent weeks to hold talks with the 65-year-old.

Announcement of Ancelotti exit from Real Madrid expected before season’s end

However, Ancelotti’s exit remained uncertain as he was still negotiating with the club over the salary for the final year of his current contract, which runs until 2026.

According to The Athletic, the two parties have now reached a verbal agreement, and an official announcement is expected before the end of the La Liga season—potentially after Sunday’s clash with Barcelona.

This means Ancelotti will not lead the team at the Club World Cup in June, by which time he is expected to have signed with Brazil.

Xabi Alonso of Bayer Leverkusen remains the Madrid giants’ preferred option to take over the role, although director of football Santiago Solari, Castilla coach Raúl González, and Juvenil A manager Álvaro Arbeloa are all considered possible interim candidates for the Club World Cup.