Calderon told Spanish newspaper AS: “We will wait until the end of the campaign, but in principle I do not see why he shouldn’t continue his adventure here in Madrid.
“I have always said that I believed in him and in his past. He carried out a difficult renovation process.”
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.