Ancelotti Extends Real Contract until 2026

Real Madrid's head coach, Carlo Ancelotti, addresses a press conference after the team's training session held at the team's sports city in Valdebebas, Madrid, Spain, 20 December 2023. (EPA)
Real Madrid's head coach, Carlo Ancelotti, addresses a press conference after the team's training session held at the team's sports city in Valdebebas, Madrid, Spain, 20 December 2023. (EPA)
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Ancelotti Extends Real Contract until 2026

Real Madrid's head coach, Carlo Ancelotti, addresses a press conference after the team's training session held at the team's sports city in Valdebebas, Madrid, Spain, 20 December 2023. (EPA)
Real Madrid's head coach, Carlo Ancelotti, addresses a press conference after the team's training session held at the team's sports city in Valdebebas, Madrid, Spain, 20 December 2023. (EPA)

Manager Carlo Ancelotti has extended his contract with Real Madrid until 2026, the LaLiga club said on Friday.

Ancelotti has been at Real since 2021, having previously managed the club from 2013 to 2015. The Italian has won one league title with Real, along with two Champions League trophies and two Club World Cups.

"Real Madrid C. F. and Carlo Ancelotti have agreed to extend our coach's contract until June 30, 2026," Real said in a statement.

His contract was due to expire in 2024, and this extension ends speculation that Ancelotti would take over as manager of Brazil.

In March of this year, then Brazilian FA (CBF) president Ednaldo Rodrigues told Reuters that Ancelotti was his main target for the position of national team coach.

In July, when introducing caretaker manager Fernando Diniz, he remained confident: "He (Ancelotti) will be here, you can be sure of that," Rodrigues said.

Ancelotti, the only manager to have won a title in all of Europe's big five leagues, had previously refused to speak about his plans.

"I'll give you the chance to ask another question," Ancelotti told a reporter at a press conference before Real's Champions League match against Napoli last month, when asked if he would be at the club for another season.

Earlier this month, Rodrigues was removed from his post by a Rio de Janeiro court which annulled an assembly of the organization held in 2022 in which Rodrigues was elected to lead the CBF until 2026.

The president of the Superior Court of Sports Justice Jose Perdiz was named interim head, and sources told Reuters that CBF’s political situation and uncertainty was a key factor for Ancelotti’s decision to accept the Real Madrid offer.

Real lead LaLiga standings on goal difference ahead of Girona after 18 games, and their next game sees them host Mallorca on Wednesday.



Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)
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Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)

Toyota Motor Chairman Akio Toyoda confirmed on Thursday the company will not renew its 10-year contract as a top sponsor for the Olympics and Paralympics following the Paris Games.
The world's biggest automaker, which had already suggested it would not renew the contract when it expired, will continue to financially support athletes, Toyoda said in the company-owned media channel.
Earlier this month, Panasonic Holdings announced it would also end its 37-year contract as a top sponsor after it became an official partner of the Olympic Games in 1987, according to Reuters.
The International Olympics Committee saw revenues of $2.295 billion from its top sponsors for the period 2017-2021, the second-biggest source of income for the Olympic movement, with broadcasters paying $4.544 billion over the same period.