Arsene Wenger and Mauricio Pochettino emerge as favourites to replace Zinedine Zidane as Real Madrid manager

Full story: Zinedine Zidane leaves Real Madrid in shock departure days after winning third successive Champions League

Arsene Wenger is the bookmakers favourite to replace Zinedine Zidane as Real Madrid boss.

Real are on the hunt for a new manager after Zidane announced he would leave the club.

The Frenchman won the Champions League for a third successive season as his side beat Liverpool 3-1 in Kiev on Saturday but he has decided to step down.

Wenger meanwhile left Arsenal at the end of last season, after nearly 22 years as manager.

Wenger has however insisted he has no plans to retire and has emerged as the surprise 3/1 favourite with many bookmakers.

The bookies meanwhile believe his main rival for the job will be his former north London rival Mauricio Pochettino.

The Argentinian has been linked with the Real top job for some time but has recently signed a new deal at Tottenham.

Pochettino is yet to win a major trophy which could work against him but the former Espanyol boss has been praised for his approach and for promoting young talent.

He made suggestions towards the end of the season that he could depart Tottenham but his fresh five-year deal makes that unlikely given just how much compensation Real would have to pay.