Carlo Ancelotti will meet with Real Madrid chief Florentino Perez to discuss the coach’s departure from the club, according to ESPN.
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Ancelotti to talk with Perez regarding his Real Madrid departure
Madrid suffered a 3-2 extra-time defeat to Barcelona in the Copa del Rey final on Saturday.
Los Blancos also endured a 5-1 aggregate elimination by Arsenal in the Champions League quarterfinals earlier this month.
The team remains four points behind the top of La Liga with five games remaining.
Ancelotti’s contract with Madrid runs until 2026, but speculation about his future at Bernabeu has persisted throughout the season.

ESPN reported last week that talks have resumed between the Brazilian Football Confederation and Ancelotti’s camp regarding his potential takeover of the Brazil national team.
The same media outlet also reported that Ancelotti and Perez are set to meet in the coming days, with the anticipated outcome being an agreement for the Italian coach to leave the club.
Will Ancelotti leave Madrid
Meanwhile, Ancelotti refused to disclose his future with Madrid.
“Whether I continue [at Madrid] is an issue for the coming weeks, not for today,” Ancelotti said.

On April 19, Ancelotti admitted that he and the club would “analyze things at the end of the season” and did not confirm whether he would remain in charge for Madrid’s FIFA Club World Cup campaign this summer.
“We’re still competing for trophies,” Ancelotti said. “I don’t want to talk about my future. We’ll talk about it with the club at the end of the season.
“I’ve always had a great relationship with the club. There’ll be no confrontation.”