Reports in Spain suggest Real Madrid have reached agreement with Jose Antonio Camacho and will appoint the Benfica boss as their new manager.
Camacho, who led Benfica to the Portuguese Cup as well as second place in the league, will leave the Portuguese giants after two years at the helm.
Real are desperate to install a new coach after seeing their season tail off in humiliating fashion under Carlos Queiroz, and will hand Camacho a two-year deal.
Los Merengues slumped to their fifth successive league defeat on Sunday against Real Sociedad, ultimately finishing fourth in La Primera.
Following Sunday's 4-1 home thrashing by Sociedad, Queiroz dropped a broad hint that he would soon be departing the Spanish capital.
"For me, to have managed Real Madrid is an honour and a privilege that no-one can doubt," stated the Portuguese coach.
"I came to work for and serve this great club that has the best history in world football."
It is claimed that Queiroz was informed last Friday that he would not be continuing at El Santiago Bernabeu, and an announcement regarding Camacho's return to the club is expected on Monday.
Meanwhile, Real have postponed the official presentation of Argentine defender Walter Samuel which was also scheduled for Monday.
It has been decided that the player will undergo his medical after the forthcoming Copa America where he will be representing Argentina, although it has been revealed Real will hand him their number four shirt - vacant since Fernando Hierro's departure last summer.
In other news Real youngster Alvaro Mejia has signed his first profesional contract at the club, putting pen to paper on a five-year deal.
