With reports suggesting Carlo Ancelotti is set to step down as Real Madrid manager, we take a look at the odds for Real Madrid's next manager.
(Odds will display when market is available)
While Los Blancos are by no means out of the La Liga title race, questions have been asked of Ancelotti's future at the club following the club's exit from the UEFA Champions League at the quarter-final stage.
The Italian manager has enjoyed two successful spells at the club, winning two La Liga titles and three UEFA Champions League trophies across both tenures, among other domestic and European honours.
It now seems as though Ancelotti's second tenure at Real Madrid could be coming to an end, with attention primed to turn towards the identity of his replacement.
Jurgen Klopp is near the head of the betting with bet365 to be the Next Permanent Manager of Real Madrid despite having only just started his job at Red Bull.
bet365's Steve Freeth said: "When we opened this market in January, the only money we saw was for Xabi Alonso in what looked a natural progression from Bayer Leverkusen to Real Madrid (6/4 into 4/11) after months and months of speculation.
"We could've really gone any price we liked on Jurgen Klopp being the next one in at the Bernabeu with him starting his new job at Red Bull in the New Year, but the lure of the Spanish giants had us chalking up 33/1 as a first show.
"Those odds have tumbled into 6/4 in the last few days with no sign of the money drying up just yet in what looks an exciting two-horse race to replace Carlo Ancelotti, who on the back of this, has been punted himself to take the reins of the Brazil national team."
Former Real Madrid midfielder Xabi Alonso is likely to be an enticing proposition, with the Spaniard having led Bayer Leverkusen to their first ever Bundesliga title last term without losing a single league match.
Other ex-Real Madrid players have also been touted with the managerial position, including former boss Zinedine Zidane, while Bournemouth chief Andoni Iraola is reportedly in the running.