Ancelotti's situation at Real Madrid has become highly uncertain. This season has been a struggle for the team, with poor results in key matches and a lack of clear identity. The team has faced defeats in the Clásico and Champions League. Despite some mitigating factors like injuries, Ancelotti has struggled to unlock the team's potential. The question remains whether he will leave voluntarily or be fired. There's also speculation about his next move, with the Brazil national team job in the mix. And Real Madrid is considering options for a new coach, such as Xabi Alonso or an interim appointment like Santiago Solari.

The legacy of Ancelotti at Madrid is significant, but this season's disappointments pose challenges. How his exit is managed remains to be seen.