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Real Madrid’s January dilemma: Possible contract renewal for Ancelotti and potential negotiations with Mbappe demand tough decisions

The first part of LaLiga’s season is already history. Real Madrid are currently in 1st place on equal 45 points with Girona. Los Blancos were marred by injuries since LaLiga’s start in August, but despite all the issues are on top of the standings in Spain and concluded the Champions League group stage with a perfect record of 6 victories.

January will be a key period for the team’s future. Florentino Perez will have tough decisions to make, as Carlo Ancelotti’s contract expires in the coming summer. The Italian has long been linked with Brazil’s managerial post, but he has never publicly confirmed such stories and has always claimed that he is happy in Madrid. The love between Ancelotti and the club is mutual, with Los Blancos’ fans and players clearly prefering him to stay. In his two spells in the Spanish capital, Ancelotti has led Real Madrid to two Champions League titles in 2014 and 2022, one LaLiga trophy in 2022, and two Spanish Cups among others.

Kylian Mbappe’s future will also be a central topic in Real Madrid’s board room. The French player was extremely close to join the club in the summer of 2022, but instead Mbappe opted to extend his PSG contract. Without a doubt, that move would have implecations in future talks between the parties, with Florentino Perez being renowned for his hard stance when it comes to negotiating.