Florentino Perez to declare for Real Madrid election next week
AS says immediately after Real's humiliating 6-2 home defeat by Barcelona, Perez went into high-level talks with Jorge Valdano, who will act as his No2 under the new management team.
It was agreed that Perez and Valdano would spend this week trying to get a commitment from a coach - either Arsenal boss Arsene Wenger or AC Milan's Carlo Ancelotti - before making his candidacy public.
Zinedine Zidane will also be part of Perez's team. The former Real star will become the public face of the club and also advise on transfers.