Ancelloti replaces Jose Mourinho at Madrid.

Real Madrid have confirmed the signing of Italian coach, Carlo Ancelotti, as their new manager. Ancelloti replaces Jose Mourinho, who left the Spanish giants at the end of last season.

Ancelloti leaves French Champions, Paris Saint German, PSG, who have promptly announced former France Coach, Laurent Blanc as their new manager.

“Real Madrid will present Carlo Ancelotti as new coach of the first team for the next three seasons on Wednesday June 26,” the Spanish giants stated on their website.

“The event will take place in the Santiago Bernabeu Royal Box at 13:00CET. Carlo Ancelotti will then appear before the media in the press room.”

Ancelotti had previously coached PSG, Chelsea, Juventus, AC Milan and others achieving various successes including the Italian League, English Premier League, and Champions League.