Paris Saint-Germain manager Carlo Ancelotti has been installed as favourite to take the reins at Real Madrid next season by Sky Bet.
The Italian is being tipped as the most likely replacement for his fellow former Chelsea boss Jose Mourinho who is almost certain to depart the Santiago Bernabeu at the end of the season.
Behind Ancelotti on the Real hitlist is Tottenham's Andre Villas-Boas, current Chelsea caretaker Rafael Benitez, and Swansea City's Michael Laudrup.
"While Mourinho's departure looks nailed on, we're still fairly speculative as to who his replacement will be, with Ancelotti and Villas-Boas the two candidates attracting backing," said Sky Bet's Chris Spicer.
"Rafael Benitez (16/1) and Michael Laudrup (28/1) follow in the betting in what promises to be an intriguing summer."
