Real Madrid's head coach Zinedine Zidane wipes the water of the rain of his face with a towel during the Spanish La Liga soccer match between Real Madrid and Betis at the Alfredo di Stefano stadium in Madrid, Spain on April 24, 2021. (BERNAT ARMANGUE / AP)

Zinedine Zidane has decided to step down as Real Madrid coach with immediate effect, Spanish media reported on Wednesday.

Real Madrid finished second in the standings, two points behind Atletico Madrid, 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 without a trophy for the first time in 11 years

AS newspaper reported that the Frenchman has called time on his second spell in charge of the La Liga club, who he has led to two league titles and three Champions League victories since 2015.

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Zidane has told club directors and the first-team squad of his decision, the reports said, which comes after his side narrowly lost out on the league title to city rivals Atletico Madrid on Saturday.

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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 without a trophy for the first time in 11 years.