Ancelotti was replaced by Xabi Alonso, a former player who is tasked with helping Real Madrid regain its position as a top European football team.

In a recent interview, Ancelotti explained that he and the club's board decided to part ways after the team's defeat to Arsenal in the Champions League.

Ancelotti stated that the team's performance was not meeting expectations, and the quality of play was not up to standard. He said that the decision to leave was a joint one, and that it was clear that a change was needed.

Ancelotti mentioned that the conversation about his departure took place after the tie against Arsenal, and that it was a decision that had been anticipated. He also noted that the team was not in good shape, and that it was best for both Real Madrid and himself to move on.