The Sun says Mourinho is set to sign a new Real Madrid deal — worth a staggering £10million a year after tax.
President Florentino Perez has offered a new £190,000-a-week three-year contract to keep the ex-Blues boss until 2015.
Mourinho is expected to sign any day now.
A top Bernabeu source revealed: “We are very, very close to clinching an agreement.
"Talks have gone extremely well and Jose now has the new contract and we are just waiting for him to sign.”