Real Madrid vice president, Eduardo Fernandez, has let slip that Rafael Benitez will be the club's new manager.

Read: 'Benitez Is Definitely Good Enough For Real'

The vice president was at a meeting of a fans's group when he announced the news about the former Liverpool boss.

However, club president Florentino Perez revealed that the new manager will be announced this week, after Carlo Ancelotti was sacked.

"Ancelotti is an absolute phenomenon and we give him all our appreciation," Fernandez told the Madrid members' group.

"Until three days ago he was the best trainer in the world as two years ago it was Jose Mourinho and from this week onwards it will be Rafa Benitez."

Benitez confirmed that he will be leaving Napoli at the end of the season, adding to the speculation that he will take over the reigns at the Santiago Bernabeu.

-