Real Madrid president Ramon Calderon says there's no rush to secure coach Bernd Schuster to a new contract - but insists the board is delighted with his work this season.

Calderon said: "We're very happy with him. It's a miracle what has happened this season after changing so many players. There'll be no protests when it comes to renewing his contract.

"The coach of Real Madrid has to be a former player, of a high level so he is respected and also knows the philosophy of the club."