Carlo Ancelotti named Real Madrid's new coach

Carlo Ancelotti has left his role as Everton manager to take up the position of head coach at Real Madrid.

The Everton board will meet on Tuesday night to discuss possible replacements for the departing Italian. They met last week to support the head coach with his plans for next season, however, since then Ancelotti told the club he wanted to leave.

The 61-year-old is to re-join Real Madrid, with the La Liga club having confirmed the appointment on Tuesday evening.

Ancelotti has signed a three-year deal at Real and said the move represented “an unexpected opportunity”.

“I have complete respect for everyone associated with Everton and hope they can achieve the exciting opportunities they have in front of them,” he added.

“While I have enjoyed being at Everton I have been presented with an unexpected opportunity which I believe is the right move for me and my family at this time.”

Real will present Ancelotti to the media on Wednesday, while Everton said they “will begin the process of appointing a new manager immediately”.