Real Madrid fired their coach Carlo Ancelotti monday, club President, Florentino Perez, said, making the popular Italian pay for a disappointing season without a major trophy.
"The board of directors has taken the decision this afternoon to relieve Carlo Ancelotti of his duties as coach of Real Madrid," Perez told a news conference at the club's Santiago Bernabeu stadium.
"It has been a very hard decision... but Real Madrid is extremely demanding and we believe it is time to give a new impulse" to the club.
The former AC Milan and Chelsea coach leaves Madrid after just two years in the job having failed to convert a record run of victories last year into silverware at the end of this season.
Madrid had won the Club World Cup on a streak of 22 consecutive wins between September and December to add to the Copa del Rey and Uefa Super Cup in a record four-trophy haul in 2014.
But they were beaten to the Spanish league title by a treble-seeking Barcelona and eliminated by city rivals Atletico Madrid in the Copa del Rey.
Perez said the new coach would be named next week.
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