COPE journalist Paco González revealed in today's edition of Tiempo de Juego that José Mourinho's contract with Real Madrid will be terminated this next Monday. If his reports are to be believed, Real Madrid's board will meet and decide what to do with Mourinho's contract. According to González, neither him nor the club will pay for the remaining three years on the contract.
Mourinho said the following after the game:
I can see why Real Madrid is interested in bringin Ancelotti, and I also understand the rumors about me and Chelsea. But I still have three years left in my contract and I haven't met with Florentino yet. The fanbase has the right to know the future of the club, so I encourage the club to make an official announcement as soon as we meet [to confirm whether he stays or not].
Mourinho's been Real Madrid's coach for three seasons and has won a Spanish league, one Copa del Rey and one Spanish Supercup, falling in the Champions League Semifinals in all three seasons.