Rabat- Florentino Perez, the President of Real Madrid, informed Italian coach Carlo Ancelotti that the club has decided to terminate his contract.
According to Spanish media, Flotentino Perez held a meeting with the Italian coach this afternoon and informed him that he will no longer be Real Madrid’s coach.
The decision was made public during a press conference held by Florentino at 8 pm local time.
"I want to tell you that we have decided to relieve Carlo Ancelotti of his duties as Real Madrid coach. It’s been a very difficult decision for the board but as I always say, we haven’t come here to take the easy decisions but the best decisions for the institution,” he told the press.
"Carlo Ancelotti in these two years, has won the affection of the board and my personal affection and that of the fans. Carlo is part of our history. But as we all know, in Madrid the demands are great. We think it’s time for a new impulse which can allow us to win new titles and achieve our maximal level of competitiveness,” he added.
The decision comes after a poor second half of the season that caused the Spanish club to end the season without winning any title.
Despite his failure this season, Ancelotti leaves an impressive legacy with the Los Blancos. In his first season in 2014, Ancelotti led Real Madrid to win its 10th Champions’ League Title and the first title in 12 years, in addition to the Copa del Rey, the European Super Cup and Club World Cup.
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