The Portuguese has come under fire from supporters this season following Madrid's slow start to the domestic season which has enabled arch-rivals Barcelona to establish an 11-point lead over Mourinho's men. They are also five points behind second-placed Atletico Madrid despite Saturday night's 2-0 defeat of their near-neighbours.
Under a picture of a broken heart, the Marca report claims: "Jose Mourinho will not coach Real Madrid next season."
Mourinho was jeered by sections of the crowd in last Tuesday's Copa del Rey defeat of Alcoyano, prompting the former Porto, Chelsea and Inter Milan boss to offer supporters the chance to vent their frustration by arranging to come to the side of the pitch 40 minutes before the Atletico game.
The reaction was mixed but with less than 5,000 fans inside the Bernabeu at the time, it offered little indication as to how the majority were feeling. Nevertheless, it is now being speculated that Mourinho and Madrid president Florentino Perez have agreed his tenure at the club will come to an end next summer.
The report added: "Both Mou and Florentino Perez believe the Portuguese's cycle on the bench at the Bernabeu is exhausted and that the current situation cannot continue beyond June 30."
Marca, who are known to have strong links with Real, report Perez has become concerned by a number of incidents this season which have not cast the club in a good light.
Firstly, there was an incident with Sergio Ramos which saw the Spain defender put on Mesut Ozil's shirt underneath his own after the German was substituted at half-time of a game against Deportivo La Coruna.
Ramos later claimed he was merely showing support for his team-mate but the move was perceived as an attempt to undermine Mourinho's authority. Ramos was later dropped. There was also the public spat with Alberto Toril, boss of the reserve side Real Madrid Castilla, who play in the Segunda Division.
Mourinho accused Toril of focusing too much on results rather than trying to produce young players for the first team. And it would seem the publicity stunt prior to the Atletico game may have been the final straw.
Source: PA
Source: PA