Following Zinedine Zidane's departure, Real Madrid are looking for their next manager and they are on verge of agreeing to terms with a familiar name.
There are confirmations on the original rumors from Spain, the parties are very close to agreeing to terms and the official announcement could come later today.
Ancelotti previously managed Real Madrid between 2013 and 2015, he has been coaching Everton for the past year and a half after an experience at Napoli.