Manuel Pellegrin has been sacked as Real Madrid coach , with the football giants set to turn to Inter Milan's Jose Mourinho as his successor at the hot seat of Bernabeu.
Mourinho is alreday tipped to be next Real Coach after winning the Champions League in Madrid with Inter on 22-May .
"I'm ready to admit to some mistakes but Mourinho's hiring is an opportunity that Madrid could not miss," said Real president Florentino Perez.
Inter are resigned to losing the 47-year-old former Chelsea boss to Madrid.
However, Inter president Massimo Moratti has suggested Mourinho's departure could be a protracted affair, with the Italian club demanding up to £13.5m in compensation given the Portuguese coach's contract at the San Siro runs until 2012.
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