Paul Clement announces Real Madrid exit

It was widely expected that Clement would follow the Italian out of the Bernabeu after his sacking on Monday and the Englishman took to Twitter on Friday to confirm his departure.

"It has been an honour to have worked with Carlo at the Number 1 Club in the World," he wrote.

"Thank you to all the Players, Staff and Fans. Hala Madrid."

Clement worked with Ancelotti at Chelsea and Paris St Germain before the duo moved to the Spanish capital in 2013 and has recently been linked with the vacant manager's positions at Derby and Sunderland.

Ancelotti paid the ultimate price for a season that saw Real Madrid finish second in La Liga while they bowed out of the Champions League at the semi-final stage to Juventus.

They will end the season without a trophy a year after Ancelotti led Madrid to 'La Decima' with their 4-1 win over Atletico Madrid after extra-time in Lisbon.

His last match as Madrid manager was the 7-3 Liga win over Getafe on Saturday.