Carlo Ancelotti insisted there is no “drama” behind his departure from Real Madrid, as he backed Xabi Alonso as a potential replacement. It was announced earlier this week that Ancelotti will become the new head coach of Brazil, starting work with the national side on May 26.

Brett Koremenos, Julia Ranney, and Sam Tighe explore the betting ramifications of Xabi Alonso’s expected move to Real Madrid.

Real Madrid, if they were not already in it, were launched into planning mode by defeat in El Clasico on Sunday, ending their slim hopes of retaining La Liga this season. Carlo Ancelotti has already