Real Madrid manager Carlo Ancelotti is set to become the highest-paid international coach in football after agreeing to a lucrative contract with Brazil, according to reports.

The 65-year-old Italian tactician will leave the Spanish giants at the end of this season to take charge of the Brazilian national team, with his new role beginning in late May.

According to The Telegraph, Ancelotti's deal with the Brazilian Football Confederation will see him earn an impressive £8 million (approximately $11 million) annually, surpassing the salary of any other international manager currently active.

The experienced coach's primary objective will be guiding the five-time world champions to the 2026 FIFA World Cup, which will be jointly hosted by the United States, Canada, and Mexico.

Ancelotti's departure from Real Madrid comes after a disappointing season that will likely conclude without silverware. Los Blancos recently suffered a damaging 4-3 defeat to Barcelona in El Clásico, leaving them seven points behind their rivals in the La Liga title race with just three matches remaining.

Brazil, meanwhile, are currently fourth in South American World Cup qualifying after 14 matches, trailing leaders Argentina by 10 points. The Seleção will be hoping Ancelotti's wealth of experience and tactical acumen can revitalize their campaign and restore their status as one of football's dominant forces.

The Italian coach brings an impressive resume to the role, having won multiple league titles and Champions League trophies during his illustrious career with clubs including AC Milan, Chelsea, Paris Saint-Germain, Bayern Munich, and Real Madrid.

Ancelotti's appointment marks a significant shift in Brazil's coaching strategy, as they have traditionally favored domestic managers. His arrival signals the federation's determination to return to the pinnacle of international football after several disappointing tournament performances in recent years.