The reigning European champions have announced that Santiago SOLARI will stay on as coach after having initially announced him as being the interim manager.
Solari's appointment on an 18-month deal was confirmed on Tuesday after he won four games out of four in an interim spell in charge following Julen Lopetegui's sacking.
Real Madrid have confirmed the appointment of Santiago Solari as permanent first team coach, with a contract running until 30 June 2021.
He takes over permanently with Madrid sixth in LaLiga, four points behind leaders Barcelona.
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Solari was handed the reins on a temporary two-week basis on Oct 29 after Lopetegui had overseen a miserable run that included just one victory in seven games.
Interestingly, since assuming office in interim capacity, the former Real Madrid midfielder has turned around the fortune of the club, and has already entered the club's record books as the manager with the best start in 116 years of the club's existence.
The Spanish press had urged Real to appoint the former Castilla "B" team coach.
Solari won two league titles and the 2001-02 Champions League during five years at the club as a player and was in charge of the reserve side before taking control of the first team on October 29.
Antonio Conte, Mauricio Pochettino, Jose Mourinho and Joachim Low had all been linked to the position.