India, May 6 -- Carlo Ancelotti is close to leaving Real Madrid after reaching a verbal agreement with the club. The legendary manager is all set to leave after the ongoing season, as Madrid will look for a new coach to manage them in the FIFA Club World Cup. Ancelotti has been linked to manage the Brazil football team for a long time, and now with his Madrid exit getting closer, he is expected to join the South American giants after this season.

According to a report on The Athletic, the Los Blancos had a verbal agreement with their manager, which will now allow him to join the Brazil team and coach them for the next year's FIFA World Cup.

The veteran manager was close to signing his contract with Brazil last month, but the move stalle...