Zidane replacement: Five managerial candidates for Real Madrid job

Here are five men who could be under consideration for the top job in Madrid.

Max Allegri

The Italian is currently among the favourites to takeover from Zidane, who could yet take up a role with Allegri's former employers Juventus.

During the 53-year-old's time in Turin he won Serie A five times and added the Coppa Italia on four occasions.

As a free agent he remains an attractive proposition with no compensation to be paid coupled with his proven track record.

Allegri's somewhat pragmatic style may not be to Perez's liking, but with Los Blancos in a transitional phase an adaptive manager may be just what they need.

The tactician has yet to taste Champions League success though, coming up short twice in the final, with Europe a major measuring point at Madrid.

Raul

The Madrid legend once held the record as the club's all-time top goalscorer before one Cristiano Ronaldo arrived.

But Raul's long standing relationship with the club could stand him in good stead.

He spent almost two decades at the Bernabeu before leaving in 2010 but is now back coaching the club's B team and youth ranks.

Perez has shown his willingness to promote from within having hired Zidane when he was B team coach and may again feel that a club legend who understands their traditions is the answer.

Joachim Low

He will leave his post as Germany's head coach after 15 years in charge following this summer's European Championships.

Low's crowning achievement came in 2014 when he won the World Cup, although his stock has slightly fallen since that triumphant night.

Nevertheless, he remains a high profile name, something Perez seems to value.

What may count against him though is his lack of recent work as a day-to-day manager with his last club job coming at Austrian Wien in 2004.

It remains unclear as to whether Low is looking to take some time away from the game before considering whether or not to return.

Antonio Conte

Another Italian manager who could be considered for the Madrid post. Conte has just won a league title with a third different club after his success with Inter Milan.

The 51-year-old has enjoyed triumphs with Juventus and Chelsea previously and has again underlined his quality.

Conte's future at the San Siro is far from certain with Inter struggling financially amid reports some of their top players could leave.

That could lead to the departure of their coach, who is set for showdown talks, leaving him free to look elsewhere.

The Italian though is not shy in speaking his mind so a relationship with Perez would certainly be an interesting watch.

Carlo Ancelotti

He was axed as Los Blancos boss a year after winning the Champions League when he was shown the door in 2015.

But Ancelotti could again be in the frame for a return to the Bernabeu with Perez having nothing against re-hiring managers.

The Italian is currently trying to lead Everton into Europe but could no doubt be lured back to Madrid if things fell into place.

Ancelotti is still highly regarded by those in the Spanish capital would certainly be welcomed back.