Everton have confirmed that Carlo Ancelotti has left the club to take over at Real Madrid.
Ancelotti says the chance to return to the Bernabeu was an "unexpected opportunity" that he could not turn down.
In a statement issued this evening, Everton have thanked the Italian for his time at the club which began in December 2019.
Everton say they will begin the search for Ancelotti's successor "immediately".
Ancelotti said: “I would like to thank the Board of Directors, the players, and the Evertonians for the tremendous support they have all given me during my time at the Club.
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“I have complete respect for everyone associated with Everton and hope they can achieve the exciting opportunities they have in front of them.
“While I have enjoyed being at Everton I have been presented with an unexpected opportunity which I believe is the right move for me and my family at this time.”
