Ancelotti will leave Madrid at the end of the season, after agreeing to take the reins of Brazil at the end of May, with the aim of leading the Seleça to the World Cup next year.
Carlo Ancelotti and Real Madrid, it's over.
According to The Telegraph, the 65-year-old coach will earn 8 million pounds Sterling ($ 11 million) per year with the South American nation, more than any other international coach.
A very good salary for Carletto
Ancelotti leaves Madrid after a disappointing season which will probably end without a trophy. The 4-3 defeat of last weekend against Barcelona leaves Real seven points from the Hansi Fligk team in liga three days from the end. Brazil, on the other hand, is fourth qualifications for the World Cup after 14 days, 10 points from Argentina, leader.
The Italian coach will end the season with Madrid before losing to the Santiago Bernabeu, Xabi Alonso before taking his place after confirming his departure from Bayer Leverkusen.