Ancelotti moves to Real Madrid, Blanc appointed his PSG successor

 Football's managerial merry-go-round swung into action Tuesday as both Real Madrid and Paris Saint-Germain ended months of speculation by appointing new coaches.

Carlo Ancelotti has left PSG to take over at Real, while former French national team coach Laurent Blanc has replaced the Italian in Paris.

Nine-time European champion Real has been searching for a new coach since Jose Mourinho moved to Ancelotti's former club Chelsea earlier this month.

Ancelotti has signed a three-year contract at the Bernabe.