Jose Mourinho has turned down the chance to return to Real Madrid next season, according to Spanish football expert Guillem Balague.
The 52-year-old spent three seasons in charge of the La Liga giants between 2010-13 before returning to Chelsea when his stint turned sour.
However, current Madrid boss Carlo Ancelotti is expected to lose his job at the end of a trophyless campaign, and Balague reports that Mourinho has been offered the chance of a second spell in charge.
He told Sky Sports News: "The idea is that Real now look for another coach. That is what normally happens when Real Madrid do not win. Real have spoken to Julen Lopetegui at Porto, to Jurgen Klopp, to Rafa Benitez and Jose Mourinho.
"They have already spoken to those four to see if they would be interested in coaching Real Madrid. They have spoken to Jose Mourinho - he said no to them, of course.
"Out of those four, Rafa is favoured by some but not others. Mourinho is favoured by some and not by others and Lopetegui is deemed as something for the future, but they have sounded out all of them."
Mourinho guided Madrid to the Copa del Rey in 2011 and the La Liga title in 2012.