Carlo Ancelotti makes final decision on Real Madrid exit as 'agreement reached'

Carlo Ancelotti will become the new head coach of , it has been claimed. Speculation over the boss' future has reached a crescendo after the Spanish giants' at the hands of .

Ancelotti, 65, is widely regarded as one of the world's finest coaches and has enjoyed success since returning to the Bernabeu for a second spell. But with Los Blancos out of Europe and behind in , it's been a less than stellar campaign for Ancelotti and last year's winners.

The Italian was coy when he was recently quizzed on reports before the FIFA Club World Cup tournament in June.

However, it has now been claimed that Ancelotti in order to become the new manager of the Brazil national team.

READ MORE:

READ MORE:

Ancelotti has always been the Brazilian Federation's (CBF) preferred choice to replace Dorival Junior. And Brazilian businessman Diego Fernandes - who has been working on behalf of the CBF in their pursuit of Ancelotti - was seen in attendance on for Real Madrid's defeat against Barcelona in the Copa del Rey final on Saturday.

The CBF wanted to appointed Ancelotti last summer ahead of the Copa America, only for the veteran to stay put in Madrid. But an agreement has now been reached, per reports from Europe.

Will Ancelotti be a good appointment for Brazil?

Real Madrid will likely have plans in place to coincide with Ancelotti's departure. They were heavily linked with their former midfielder, , last season as the former Spain international led Bayer Leverkusen to a first ever German title.

Although a subsequent move to the Bernabeu failed to materialise, Alonso's name has once again been touted as a future Los Blancos manager. He has also given little away over his future in recent weeks, while the agent of former boss, , recently show down suggestions that his client could be enticed into a return to club management.

Klopp joined as the group's new Global Head of Football back in January, just over half a year after walking away from his post at Anfield.

and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our