Overview

• Carlo Ancelotti has reportedly reached a verbal agreement with Real Madrid on terms for his early departure, though official confirmation is pending.
• Ancelotti's exit is expected to be finalized before the conclusion of the Spanish league season, with a potential announcement after the upcoming Clásico against Barcelona.
• Xabi Alonso, currently managing Bayer Leverkusen, is widely considered the leading candidate to replace Ancelotti at Real Madrid.
• The primary point of negotiation between Ancelotti and Real Madrid is the severance package required for his early contract termination.
• Ancelotti is also reported to have verbally agreed to become Brazil's head coach, potentially starting in June for World Cup qualifying matches.