Real Madrid president Florentino Perez has confirmed that Jose Mourinho will leave his position as coach of Los Blancos at the end of the season, after a mutual agreement was reached between the two parties.

Mourinho has won a trophy in each of his three seasons at the Bernabeu, claiming the Copa del Rey in 2011, the Primera Division title last May and the Spanish Supercopa at the start of the current campaign.

However, failure to deliver the club's elusive tenth European Cup, coupled with defeat to city rivals Atletico in last Friday's Copa del Rey final meant the writing was on the wall for the Portuguese boss.

Perez announced the news at a packed press conference at the Bernabeu, insisting that "nobody has been sacked" and that the decision for Mourinho to leave was a mutual one.

Grand Winner of FLY2UK sms competition during Visit to Chelsea Stamford Bridge London.

Watching live At Special Box Seat game between Chelsea and Everton last Game of the season.