January 27th,2006. Upon a mutual agreement Wanderley Luxemburgo and Real Madrid CF agreed to terminate Luxemburgo's contract. Touted replacements have been named. The bookies are placing Guus Hiddink at 3/1 to make a return, Claudio Ranieri at 5/1, Ottmar Hitzfield 9/1 & Jacques Santini at 13/1. Real Madrid sit 6th in La Liga, have been eliminated from the Copa Del Rey by Valencia, and are set to face Sparta Prague in the 1st knockout round of the champions league.