Real Madrid will sack manager Julen Lopetegui on Monday with former Chelsea boss Antonio Conte set to be named as his successor, Goal understands.
Sunday's dismal Clasico was the final straw for Lopetegui, who watched his side be torn apart in a 5-1 defeat to Barcelona.
The defeat saw Madrid lose three straight Liga matches for the first time since 2009 and left the club in ninth place, seven points behind leaders Barcelona.
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Madrid's executives have scheduled a meeting for Monday, where they will make Lopetegui's dismissal official.