‘I will retire’ – Carlo Ancelotti reveals plans to quit football when Real Madrid tenure comes to an end as iconic former AC Milan, Chelsea and Everton manager prepares to step away

Carlo Ancelotti has revealed Real Madrid will be his final job in management before retiring.

The legendary Italian is one of the most decorated coaches in world football having managed at the very top of the game for more than 26 years.

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Having started his career with Reggiana, the 64-year-old has led some of the biggest clubs on the planet, including Parma, Juventus, AC Milan, Chelsea, Paris Saint-Germain, Napoli, Everton and his current club, Real Madrid, whom he's led twice.

In that time, Ancelotti has won the Champions League on no less than four occasions - the most of any manager in the competition's history - with the latest win coming against Liverpool in Paris last term.

He's also won the FIFA Club World Cup on two occasions, as well as winning titles in each of Europe's top five leagues.

Ancelotti has two years remaining on his contract at the Santiago Bernabeu, but the Italian has said that whenever he leaves the club, he expects this to be his last role in management.

As quoted by , he told Italian newspaper Il Messaggero: “After Real Madrid, I will retire.

"This chapter will close my career as manager. Real Madrid means top level, so it makes sense to consider this club as the end of my career."

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He added: "Time has changed some dynamics.

"Until a few years ago, the priorities were technical and tactical.

"Now, I am conquered by human relationships, by getting to know people, by confronting the new generation."