Carlo Ancelotti and Real Madrid have reached an agreement over the termination of the contract for the Italian manager before the summer, according to a report in The Athletic. The Italian manager has now agreed terms with the Spanish giants over the termination of his current contract with Real Madrid and he's expected to join Brazil in June,

Carlo Ancelotti and Real Madrid have reached an agreement over the terms of his departure. The Athletic reported on April 27 Ancelotti was set to leave Madrid and take the Brazil head coach role on an initial one-year deal until the end of the 2026 World Cup.

A report has surfaced suggesting that Carlo Ancelotti and Real Madrid have an exit agreement in place, which could be made official after El Clasico on May 11.