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,

According to Spanish newspaper Marca, Real Madrid will announce that Carlo Ancelotti is leaving after the showdown with Barcelona, freeing him up to take the Brazil job.

Real Madrid coach Carlo Ancelotti said he will speak about his future at the club only on the last day of the LaLiga season, as Spanish media reports continue to link him with a move to the Brazil national team.