Real Madrid president Florentino Perez has confirmed coach Carlo Ancelotti is set for a new deal.

The Italian tactician's current deal expires in June 2016 and Real have indicated they want Ancelotti to continue in charge.

"We will be delighted to renew Ancelotti's contract," Perez told Cadena Ser. "I'm sure there will be no problem with Ancelotti's renewal, but this will be negotiated at the end of the season.

"We only speak about renewing contracts at the start or at the end of the season."