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Jude Bellingham is without a doubt the best signing of Ancelotti's second stint at Real Madrid. The 21-year-old joined the club from Borussia Dortmund ahead of the 2023–24 season and produced one of the best overall debut seasons in the history of the club.

Former Spain midfielder Xabi Alonso is set to become the next Real Madrid manager on a three-year deal when he leaves Bayer Leverkusen after this season, Spanish media reported on Monday.