Following the conclusion of the La Liga season, Real Madrid have made a big decision which could have massive impacts on world football.
Despite transfer rumours constantly surrounding their top stars like Cristiano Ronaldo and Gareth Bale who are seemingly always linked with a return to the Premier League, it is the manager who has left Madrid today.
Madrid have officially announced that they have fired manager Carlo Ancelotti after two seasons in charge of Los Blancos.
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Rumours had been rife that Ancelotti was under pressure in Madrid for several weeks after the team failed to claim any silverware this season.
The announcement was made on Monday following the conclusion of the Spanish league season and already Madrid will start to rebuild in the hopes that they can compete with Barcelona next year.
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Ancelotti won the Champions League and the Copa Del Rey with Madrid back in 2013/14 during his first year with the club.
He guided Madrid to a third place finish that year and they moved up a place this year, finishing second and just two points behind Barcelona.
Madrid lost in the Champions League Semi-Finals to Juventus and were eliminated from the Copa Del Rey at the hands of their close rivals Atletico Madrid back in January.
Speaking at a press conference following the announcement, Madrid President Florentino Perez was filled with praise for Ancelotti.
"The demands here at Real Madrid are very high. The affection that the players and the fans have for Carlo is the same as the affection I myself have for him." - Perez on Ancelotti's sacking
Former Chelsea, Liverpool and Valencia manager Rafael Benitez is currently viewed as the favourite to take over at the Bernabeu.
Change of pace
Following the conclusion of the Premier League this past Sunday, rumours have already started circling about which English clubs may be on the hunt for a new manager this summer.
A crippling 6-1 final defeat at the hands of Stoke have left Liverpool manager Brendan Rodgers in the firing line with many feeling he could be set to leave.
Ancelotti had been named as a possible target for the Reds but a quote he gave the Italian media on Monday morning could be set to crush that dream.
"I must have a back operation because of spinal stenosis that for some time creates a tingle in my hands,"
Ancelotti confirmed that if he was to leave Madrid he would likely take a year out in order to undergo the medical procedures he needs.