Real Madrid has confirmed that outgoing manager Carlo Ancelotti will be leaving the club after the game against Real Sociedad on Saturday.
Recall that the Los Blancos have appointed Bayer Leverkusen manager Xabi Alonso as Ancelotti’s replacement.
The Italian tactician is expected to take over the managerial job in Brazil.
In a statement on Friday, Real Madrid wished him well in his future endeavours.
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“Our club wishes to express its gratitude and appreciation for a man who is a true legend of both Real Madrid and world football,” said Los Blancos in a statement.
“Carlo Ancelotti will forever be part of the great Madridista family,” said Madrid president Florentino Perez.
“We feel incredibly honoured to have had the chance to enjoy a coach who has helped us achieve so much success, but who has also embodied our club’s values in such exemplary fashion.”
Ancelotti helped Madrid win their 10th Champions League title in 2014, during his first spell at the club from 2013-2015.