Next Real Madrid Manager Betting Odds

Who will be the next Real Madrid Manager?

Real Madrid are without a doubt one of the biggest clubs in the world, and historically, the most successful. Because of that, they have had some of the greatest managers in football history at the club, one of whom is Carlo Ancelotti, who will step down from his role as Real Madrid manager at the end of the season.

‘Don Carlo’ leaves the club after picking up two Champions Leagues, two La Liga titles, and seven other trophies from his 200 games in charge. However, things had begun to turn sour for Ancelotti at the beginning of the 2024/25 season after a 4-0 defeat to Barcelona and a Champions League campaign that saw them sit in 24th after five matches. Ancelotti picked his team up, and they look set for another title charge in La Liga, but a Champions League play-off tie against fellow strugglers Manchester City means that either Carlo Ancelotti or Pep Guardiola will miss out on the quarter-finals.

Whoever replaces the Italian will have an abundance of quality at their disposal, but getting several large personalities to play for each other requires a large personality in itself, and this is a job that can prove seriously detrimental to managers who aren’t ready.

Who will be announced as the next Real Madrid manager? Find our odds below.

What approach will Real Madrid take for their next manager?

With the likes of Kylian Mbappe, Vinicius Jr, Jude Bellingham, and others in the Real Madrid squad, the next Real Madrid manager will need to command respect from these notorious winners. This is something that could put Madrid off a younger manager, especially after Santiago Solari’s spell in charge of the club. It is clear that Xabi Alonso is the fan favourite after his impressive spell with Bayer Leverkusen saw them dethrone Bayern Munich in the Bundesliga, going unbeaten in all competitions until their final game in the Europa League, which ended in defeat to Atalanta.

Alonso is a good manager who has the potential to be one of the very best in world football; he seems tailor-made for the Spanish club, but if rumours are to be believed, Liverpool couldn’t prise Alonso away from the German club - although that worked out fantastically for the Merseysiders.

Raul is the other name that appears to be in consideration; the Real Madrid Castilla manager hasn’t done a fantastic job in the underbelly of the Real Madrid team, and the former Madrid striker seems a good fit for the role, but the Spaniard’s performance has likely pushed the board in a different direction.

Is Ancelotti Real Madrid’s greatest manager ever?

Carlo Ancelotti has won more trophies at Real Madrid than any other manager across his two spells at the club. Meanwhile, Miguel Munoz won 14 trophies across 14 years but had a significantly lower win percentage than the Italian. Ancelotti also became the most successful manager in the history of the Champions League following successes at Real Madrid.

While Munoz won nine La Liga titles and two Champions League titles, it can definitely be argued that Munoz prioritised what was important to Madrid, and for that reason they were the force to be reckoned with under his charge. However, for a club that won four Champions League titles in six years before, winning just two in 14 years is deemed an underachievement.

The other manager who may have fought for this prestige may have been Zinedine Zidane, who in his first spell at the club won three Champions League titles in as many years, but in his second spell was less impressive and ultimately, hasn’t been in management since leaving the role.

List of Permanent Real Madrid Managers 2000-Present