Italian veteran manager Carlo Ancelotti has sealed a sensational return to Real Madrid.
Ancelotti left his post as Everton manager after only one full season at Goodison Park.
Ancelotti managed Real from 2013 to 2015.
He led them to their 10th European Cup triumph against Atletico Madrid in Lisbon in 2014.
The 61-year-old has taken over for a second spell after Zinedine Zidane’s own second tenure came to an end last week..
Ancelotti quits Goodison Park after leading the Toffees to an underwhelming 10th place finish in the 2020-21 campaign.
Ancelotti sensationally returns to Madrid
Spanish paper Marca reported broke the news earlier on Tuesday.
They reported that Ancelotti is ‘the chosen one’ for the Spanish giants and on the brink of a dramatic return to LaLiga.
And hours later, the deal was done with wages no issue for Ancelotti.
Tuesday has been a whirlwind day in both the Spanish capital and at Finch Farm, Everton’s training base.
The search is now on at Everton for Ancelotti’s replacement.
West Ham boss David Moyes, who managed the Toffees for 11 years.
Other candidates include the former Wolves manager Nuno Espirito Santo and ex-Bournemouth boss Eddie Howe.
The Italian left Real six years ago on good terms with president Florentino Perez and the club’s hierarchy.
He leaves his post at Goodison Park after just one-and-a-half seasons at Everton.
There was a huge sense of excitement over his appointment on the blue half of Merseyside.
His arrival was considered a coup for the club who have long been on the fringes of Europe’s big teams.