It has been a tense atmosphere at Madrid’s head offices in the last 72 hours, after crashing out of the champions League. The Merengues are waking up to the harsh reality of their squad, and believe the time has come for change.

There is expected to be a proper rebuild this summer, Especially in the coaching department. Coach Carlo Ancelotti currently finds himself more out than in as things stands, and English median sky sports have gone as far as claiming Ancelotti will LEAVE the club after next week’s Copa del Rey final.

To spice things up, the ever Reliable Italian journalist Fabrizio Romano has added more exclusivity to the rumors. This report was quoted by madrid Xtra.

Ancelotti’s job is not safe

As per the Italian, much has changed at Real Madrid in the last few days. Ancelotti’s job is in serious danger and more updates are expected in the coming hours.

Fabrizio also made mention of Xabi Alonso, the Bayer Leverkusen manager who has been heavily tipped with the Real Madrid job. He claims Alonso remains favourite for the job, but there are many other stories to say regarding Real Madrid.

It’s now only a matter of days or maybe hours until something pops up regarding the managerial seat, one considered the hottest in football currently.

Ancelotti to hold a meeting with the board

Amidst this tense atmosphere, MARCA has also come forward, claiming that Carlo Ancelotti, Florentino Perez and Jose Angel Sanchez are expected to have a meeting in the coming days.

The 3 parties will discuss what happened during the season, and decisions are expected to be made. One thing is for sure, Carlo wants to keep his job and will not resign unless sacked.

Real Madrid believe the time to say ‘GOODBYE’ to some players has ARRIVED. “We need changes, fresh air in the locker room” is what’s been said, Marca journalist Jose Felix Diaz claims.

For now, all we can do is wait as no definite decisions have been made.