Carlo Ancelotti has signed a two-and-a-half-year deal to remain as manager of Real Madrid.
The 64-year-old Italian, whose previous contract was due to expire at the end of the season, had been heavily linked with taking over the Brazil national team, but has instead committed to the capital club until the summer of 2026.
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A club statement read: “Real Madrid and Carlo Ancelotti have agreed to extend our coach’s contract until June 30, 2026.
“In his five seasons as coach of Real Madrid, he has won 10 titles: two Champions League, two Club World Cups, two European Super Cups, one League, two Copas del Rey and one Spanish Super Cup.
“Carlo Ancelotti is the only coach to have won four European Cups and the one to have achieved the most victories in the history of this competition (118), and he is also the first coach to win the five major European Leagues (Italy, England, France , Germany and Spain).”
Ancelotti rejoined Madrid in June 2021, six years after being sacked following a disappointing 2014-15 season.
His first year back saw Los Blancos win the Champions League and La Liga and they followed that up the season after by claiming the FIFA Club World Cup and the Copa del Rey.
Madrid have been impressive in La Liga this season and currently sit joint top of the standings alongside surprise package Girona with more traditional rivals Barcelona and Atletico Madrid seven points adrift.
Ancelotti has also drawn praise for the way he is gradually overhauling an ageing squad, introducing the likes of Aurelien Tchouameni, Eduardo Camavinga, Rodrygo and, most notably, Jude Bellingham.
While he admitted to being flattered with links to the Brazil job, he maintained his preferred option would be to remain at Madrid.
