(CNN) -- Football's managerial merry-go-round swung into action Tuesday as both Real Madrid and Paris Saint-Germain ended months of speculation by appointing new coaches. Carlo Ancelotti has left PSG to take over at Real, while former French national team coach Laurent Blanc has replaced the Italian in Paris. Nine-time European champion Real has been searching for a new coach since Jose Mourinho moved to Ancelotti's former club Chelsea earlier this month. Ancelotti has signed a three-year contract at the Bernabeu and will be presented to the media on Wednesday. Former France captain Blanc's arrival at PSG was announced at almost exactly the same time as Ancelotti's appointment.
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Real Madrid appoint Carlo Ancelotti as new coach
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The Italian signs a three-year deal with the nine-time European champions
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PSG appoint former France coach Laurent Blanc as Ancelotti's replacement
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Blanc puts pen to paper on a two-year contract in the French capital
Laurent Blanc
Blanc
Laurent Blanc
Blanc
"The board of Paris Saint-Germain has given @placeholder the mission to build on last season and to continue the club's ascendency towards the summits of the European game."
European
European
"The board of Paris Saint-Germain has given Laurent Blanc the mission to build on last season and to continue the club's ascendency towards the summits of the @placeholder game."
Laurent Blanc
Blanc
Laurent Blanc
Blanc
As a player, @placeholder led the France team during the greatest period in its history.