Spanish paper Marca claims Carlo Ancelotti has agreed to extend his Real Madrid contract until 2017.

The Italian tactician has already earned his place in the club’s history by winning the Champions League and setting an all-time record of 16 consecutive victories in all competition.

According to Marca, an agreement has already been reached and will be announced after the Club World Cup.

Real Madrid will take part in the tournament from December 10-20 in Morocco.

Spanish paper Marca claims Carlo Ancelotti has agreed to extend his Real Madrid contract until 2017.

The Italian tactician has already earned his place in the club’s history by winning the Champions League and setting an all-time record of 16 consecutive victories in all competition.

According to Marca, an agreement has already been reached and will be announced after the Club World Cup.

Real Madrid will take part in the tournament from December 10-20 in Morocco.

Ancelotti recently confirmed he planned to negotiate an extension, as his current deal is due to expire at the end of next season.

For more, click over to our sister site Football Espana.

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