Zinedine Zidane is being tipped as the future manager of Real Madrid as Florentino Perez was especially upset by the club's 4-0 loss at Atlético Madrid on Saturday.

Zidane is currently in charge of the club's Castilla B-team, having spent the 2013-14 campaign as Carlo Ancelotti's assistant with the senior side, and has been touted as an eventual successor to the Italian.

Michel has long been considered a future manager at Real Madrid, but he recently admitted it more likely will go to Zidane.

"I do not see myself as the eternal candidate," the ex-Getafe, Sevilla and Olympiakos coach said in quotes picked up by AS and Marca after Saturday's loss. "It is not that I do not aspire to the job, of course I do and I feel capable of doing it, but it is not up to me or the results. Plus, I believe the club is preparing a lot more for the next coach to be Zidane."

Zidane recently said that he hoped Ancelotti would sign a new contract, with his current deal having entered its final 18 months, as the Italian remains "the best coach for Real Madrid," and Michel agrees.

"Ancelotti is an ideal coach for Real Madrid," he said. "He does not want to be the main man -- he moves well in these waters. He has had men like [Milan's Silvio] Berlusconi and [Chelsea's Roman] Abramovich as presidents, and knows very well what to do when he opens the dressing-room door, and also what they will ask him when the boardroom door opens."