Spanish giants Real Madrid are reportedly on the verge of sacking Santiago Solari, and could even replace him with Jose Mourinho before their next game this weekend.

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After Los Blancos' embarrassing UEFA Champions League elimination at the hands of Ajax Amsterdam on Tuesday, club president Florentino Perez reportedly contacted Mourinho's agent Jorge Mendes.

According to AS, Perez has made up his mind and wants to sack current coach Solari. One option would be to fire the coach before the team's next fixture against Real Valladolid on Sunday night, but the club still needs to convince Mourinho, who is believed to have doubts about accepting the offer, to take the job.

The Portuguese coach, who was in charge of the club between 2010 and 2013, is said to be wary about his relationship with his former players – seven stars from his previous stint at the Santiago Bernabeu are still at the club, and he had disputes with some of them.

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However, Mourinho is not the only managerial option for Real, with Perez reportedly also having contacted Zinedine Zidane. Although the Frenchman has not ruled out the possibility of returning to Madrid, he is apparently not prepared to take over mid-season.

It is believed, though, that Perez would like to sack Solari immediately after Los Blancos were knocked out of the Copa del Rey and the UCL, and also lost ground in the LaLiga title race, in the space of just one week.

The board reportedly feels that the club needs new impetus to battle for at least a second place in LaLiga, which would see them qualify for the revamped Spanish Super Cup, with the new format of the tournament involving four teams (the top two in LaLiga and the two Copa finalists), instead of just two.

Read: Reports: Zidane Open To Shock Real Return

Zidane or Mourinho – who would you like to see as Real next boss? Have your say in the comments section below.