MADRID: Real Madrid has fired coach Rafa Benitez after seven months and replaced him with former player Zinedine Zidane.

Club president Florentino Perez announced the decision at the Santiago Bernabeu stadium on Monday, a day after Madrid’s 2-2 draw at Valencia deepened a crisis that started with an embarrassing 4-0 home loss to rival Barcelona in November.

Madrid won seven of nine matches since that demoralizing defeat but fans continued to demand the departure of Benitez, whose Liverpool side won the Champions League in 2005.

Real Madrid is third in the Spanish league, four points behind leader Atletico Madrid and two behind Barcelona.

France soccer great Zidane, who was Carlo Ancelotti’s assistant in 2014 when Real Madrid won the Champions League, has been coaching Madrid’s “B” team in the third division.

The Spanish sports daily Marca reported on Monday the La Liga club’s president Florentino Perez dismissed the Spaniard after an emergency board meeting, with their former player Zinedine Zidane poised to take over.

In light of the report and prior to the press conference the club declined to comment.

Benitez, the former Liverpool, Chelsea, Inter Milan and Napoli manager, replaced Italian Carlo Ancelotti in June.

Real have been European champions 10 times and are the most valuable club in the world according to Forbes magazine.