Zinedine Zidane has stepped down as Real Madrid head coach with immediate effect five days after his team were pipped to the La Liga title by city rivals Atletico Madrid, the Spanish club has confirmed.

The Frenchman, who led Real to two league titles and three Champions League triumphs in two spells as coach since 2016, leaves the club after their first trophy-less season in more than a decade.

A club statement read: "Real Madrid CF announces that Zinedine Zidane has decided to end his current stage as coach of our club.

"It is now time to respect his decision and show him our appreciation for his professionalism, dedication and passion in all these years, and for what his figure represents for Real Madrid."

"Zidane is one of Real Madrid's all-time greats and his legend goes beyond what he has done as a coach and player for our club. He knows that he is always in the heart of the club's supporters and that Real Madrid will always be his home."

On Wednesday, the AS newspaper had reported that the 1998 FIFA World Cup winner has called time on his second spell in charge of the La Liga club.

Zidane has told club directors and the first-team squad of his decision, the reports said.

Real finished second in the standings, two points behind Atletico, and were knocked out of the Champions League at the semi-final stage and the Copa del Rey in the round of 32 to end the season.

Meanwhile, Italian media have reported that Juventus have sacked coach Andrea Pirlo and replaced him with their former manager Massimiliano Allegri.

Massimiliano Allegri (R) with Andrea Pirlo during the latter's time as a Juventus player

Sky Italia said that Allegri will return to the Turin club for a second spell two years on from his departure, after reaching an agreement with the Juve hierarchy.

It would mark the end of a disappointing year in charge for Pirlo, who was appointed last summer with no prior coaching experience and could only lead Juventus to fourth place following nine consecutive title wins.

Juve pushed to complete the deal overnight amid concerns that other clubs could make a move for Allegri, Sky Italia reported, after Inter Milan terminated Antonio Conte's contract and with Zidane leaving Real Madrid.

Confirmation is expected to arrive once the two parties agree on whether Allegri will sign on for three or four years, according to reports.

Allegri won five Serie A titles in a row in his first spell in Turin between 2014 and 2019, as well as lifting the Coppa Italia four times and finishing as Champions League runners-up twice.