Michael Laudrup, Ronald Koeman and Arsene Wenger are among the contenders to become Real Madrid coach should Fabio Capello depart the Bernabeu, club president Ramon Calderon has revealed.

Capello led Madrid to their first title in four years but that has not stopped speculation he could leave the Spanish capital, despite having two years remaining on his contract.

Calderon said: "(Sporting director Predrag) Mijatovic has spoken to me about Laudrup, Koeman and Wenger, among others."

Mijatovic will be central to any decision, with the club likely to announce early next week whether there will be a change in the dugout.

"We are waiting on the report from the club's sporting department," Calderon continued.

"They will make recommendations as to whether Capello should continue as coach. We will decide on Monday or Tuesday."

Asked if Capello had fulfilled his objectives, Calderon replied: "The objective we asked of him (La Liga title) is the one he delivered."

Calderon claims the club have had no contact with Getafe coach Bernd Schuster, seen by many as the prime contender should Capello leave.

"We cannot talk to anyone who has a contract, but if we need a coach and Schuster becomes available then I imagine Mijatovic will look at him," said Calderon.

The Madrid supremo admitted he wanted Schuster to take over first-team affairs when he was elected last year, but Mijatovic persuaded him Capello was the man for the job.

"At the start of last season I thought Schuster would be the best coach," Calderon said.

"But Mijatovic told me he was not the right man at that time and that we needed Fabio Capello. Mijatovic has never been questioned."