Santi Solari will be fired by Real Madrid as soon as they decide upon a replacement.

Solari is now effectively an "interim manager" after Real Madrid took the decision to remove him following the club's elimination from the Champions League.

Sources say the club's board have spent the last 24 hours conducting a frantic search for the right person to take control until the end of the season, with an eye on the next phase of the club's future.

Former managers Zinedine Zidane and Jose Mourinho have both emerged as possible successors to Solari.