Carlo Ancelotti and Real Madrid have reached an agreement over the termination of the contract for the Italian manager before the summer, according to a report in The Athletic. The Italian manager has now agreed terms with the Spanish giants over the termination of his current contract with Real Madrid and he's expected to join Brazil in June,

Ancelotti has been in talks with the Brazilian football federation since March and appeared set to join… until fresh developments this week

According to Spanish newspaper Marca, Real Madrid will announce that Carlo Ancelotti is leaving after the showdown with Barcelona, freeing him up to take the Brazil job.