Italian Fabio Capello has agreed a deal to coach Real Madrid, the club's newly-elected president Ramon Calderon has claimed.

"He agreed with everything, he will be joining the club today," Calderon told Sky Sports News this afternoon.

"It (the contract) is going to be for three years, everything is okay, we are very pleased that he is going to be here."

Calderon said Capello, who resigned as Juventus coach yesterday, is flying from Turin to Madrid to sign the contract and is expected to start work on Thursday.