As Real Madrid grapples with another disappointing campaign in the UEFA Champions League and speculation swirls around the potential departure of head coach Carlo Ancelotti, club president Florentino Pérez is reportedly weighing a surprising yet familiar option — a short-term reunion with José Mourinho.

The Portuguese tactician, currently in charge of Fenerbahçe, has emerged as a stop-gap candidate while the club continues its pursuit of Xabi Alonso, who remains the long-term managerial target. According to El Gol Digital, Mourinho’s name has resurfaced in internal discussions at the Santiago Bernabéu as the club seeks stability during a transitional period.

Mourinho, renowned for his pragmatic, defensively disciplined approach and his knack for man-management, could offer a stabilising presence in a dressing room filled with high-profile — and often demanding — stars. His ability to command respect and refocus elite squads under pressure is well-documented and may be exactly what Los Blancos need right now.

Although not the front-runner for the position, Mourinho’s charisma and vast experience, especially during his first stint with Real Madrid from 2010 to 2013, could make him a compelling interim solution. His previous tenure saw the club win a La Liga title and reach three consecutive Champions League semi-finals, earning both admiration and controversy in equal measure.

Ultimately, the decision hinges on Xabi Alonso’s next move. The highly-rated Spanish coach, currently impressing at Bayer Leverkusen, is seen as the long-term heir to Ancelotti’s throne. Until Alonso gives Real Madrid a definitive answer, however, Mourinho's name remains in the conversation — and the possibility of a dramatic comeback at the Bernabéu can't be ruled out.