Jose Mourinho is ready to reject an approach from Real Madrid because he wants to wait and see whether he will be given the opportunity to manage Manchester United, reports the Telegraph.
The Portuguese is ready to return to management immediately following his dismissal from Chelsea and is also keen to stay in the Premier League.
As one of the world's top managers, only a handful of clubs could attract him and, as luck would have it, vacancies could be about to open at two of the biggest in the coming days.
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Louis van Gaal looks set to be sacked if Manchester United lose to Chelsea later today in what will be their fifth straight defeat in all competitions. The Dutchman is reportedly struggling to embed his philosophy amongst a rebelling group of players and could even quit if they beat the Blues.
Similarly, Rafa Benitez has not convinced Cristiano Ronaldo and Co. that he is worthy of leading them and is at odds with club president Florentino Perez.
Only eyes for United
Unsurprisingly, both have been linked with an interest in replacing their current managers with Mourinho, but the Special One is only interested in the position at Old Trafford.
The report claims that Mourinho's family have no appetite to return to the Spanish capital while the man himself still has concerns that the politics surrounding Real Madrid will prevent him from flourishing in a second spell.
Keep options open
Manchester United have been linked with Pep Guardiola and are also considering Ryan Giggs as the next permanent manager, so even if Van Gaal is sacked there is no guarantee that Mourinho will get the gig.
Of course, Real Madrid may turn out to be his best chance to return to elite-level management, but he is not willing to rush back into management while there is the chance of managing the Red Devils.