Jose Mourinho was sacked as Manchester United boss late last year.
Since Mourinho left Old Trafford a lot has been made over where he will end up next.
The former United boss has recently been offered the Benfica job.
However, Mourinho is said to have rejected the job because he wants to wait until one of Europe’s top clubs has a vacancy.
Now, after Real Madrid lost again this past weekend, Mourinho is being linked with a return to his former club.
Madrid are currently 10 points off league leaders Barcelona and if they are in a similar spot come the end of the season, it is likely they will be looking for a change in the dugout.
Betting syndicate Ladbrokes has also recently made Mourinho the favourite to succeed Santiago Solari at the Bernabeu.
The former Man United boss remarkably heads the betting at 5/2 to replace Santiago Solari in a sensational Bernabeu return, putting him ahead of Antonio Conte (3/1) and Joachim Low (11/2).
Alex Apati of Ladbrokes said:
“It looks as though it’ll be a two-horse race for the Madrid gig between former dugout rivals Mourinho and Conte.”
Ladbrokes Latest Betting
Next Real Madrid Manager
Joe Mourinho 5/2
Antonio Conte 3/1
Joachim Low 11/2
Max Allegri 8/1
Mauricio Pochettino 7/1
Roberto Martinez 16/1