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Carlo Ancelotti will take over as Brazil head coach on May 26 following the end of his commitments with Real Madrid.
The Italian manager who has had a successful spell in charge of the Spanish club will officially step into the role after his current season with Madrid concludes.
Ancelotti has signed a contract with the Brazilian Football Confederation (CBF) worth €770.000 per month making him the highest-paid manager in Brazil history.
According to ESPN Brazil this figure amounts to over €9.2 million gross annually more than double what his predecessors Tite and Dorival Junior earned.
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