Zinedine Zidane has replaced Rafael Benitez as manager of Real Madrid after the Spaniard was sacked after just seven months in charge.
Benitez was relieved of his duties following a meeting of the club’s board on Monday.
The 43-year old Real Madrid legend and Real B team coach has been promoted to first-team boss.
The Frenchman, a former Real player and World Cup winner, said: “I am going to put my heart and soul into this job so that everything works out well.”
Benitez’s final game was Sunday’s 2-2 draw with Valencia, which left them third in La Liga, four points behind leaders Atletico Madrid.
Perez is yet to explain why the board of directors took the “difficult” decision to dismiss Benitez, who once coached the club’s youth teams.
Zidane is the 11th coach to be appointed in Florentino Perez’s 12 years as club president across two spells. The length of his contract has not been made public.
His first match in charge will be Saturday’s home La Liga game against Deportivo la Coruna.