José Mourinho is set to return as manager of Real Madrid after Benfica confirmed the Portuguese coach has accepted a deal worth 15 million euros. The club notified the Portuguese securities market regulator, CMVM, that Real Madrid officially sought his services. Mourinho previously managed the Spanish giants from 2010 to 2013, winning a league title, a Copa del Rey, and the Spanish Super Cup.
Why is Real Madrid paying a 15 million euro release fee?
Real Madrid is paying the fee to secure Mourinho as a direct replacement for Alvaro Arbeloa, whose departure was announced by the club on Tuesday. According to Benfica’s official statement to the CMVM, the 15 million euro (approximately 164 million kroner) payment covers the termination of Mourinho’s contract in Lisbon. This move comes as Real Madrid attempts to stabilize its leadership following a two-season drought without a major trophy, including the league, domestic cup, or Champions League.

How does this shift impact the wider transfer market?
The managerial change coincides with aggressive moves in the player market, as Real Madrid recently had a 150 million euro (1.64 billion kroner) bid for Atlético Madrid striker Julián Alvarez rejected. The attempt to sign Alvarez, reported by the club, signals that the incoming coaching staff is prioritizing high-profile attacking reinforcements. This spending reflects the club’s strategy to address internal instability, which reportedly included a training ground altercation between Federico Valverde and Aurélien Tchouaméni in May that resulted in significant fines.
Who will replace Mourinho at Benfica?
Marco Silva has been appointed as the new head coach of Benfica, signing a two-year contract with an option for an additional year. Silva, who managed Fulham until early June, takes over a squad that finished third in the Liga Portugal. His arrival marks a rapid transition for the club, as Mourinho managed just 45 matches for Benfica, recording 27 wins, 10 draws, and eight losses.
Comparison: Managerial Transitions
| Manager | Previous Club | New Club |
|---|---|---|
| José Mourinho | Benfica | Real Madrid |
| Marco Silva | Fulham | Benfica |
Frequently Asked Questions
- Has Real Madrid officially announced Mourinho? Not yet, though Benfica has confirmed that Mourinho accepted the offer and that the club has been informed of the deal.
- What is the transfer fee for Mourinho? The deal involves a payment of 15 million euros to Benfica.
- Who did Arbeloa replace? Alvaro Arbeloa took over the position after Xabi Alonso left the club in January.
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