The reports in El Pais confirmed that Real Madrid president held talks with the Italian manager’s representatives about taking charge of the capital club after the sack of Julen Lopetegui.
The deal could not materialise after realising the demands of the former Chelsea manager were just too much to meet.
Conte wanted a salary of €10m, a long-term contract, a massive investment to improve the current squad, full control of transfers and an insistence that all five of his assistants be hired.
Real Madrid director announced Santiago Solari as a new first-team coach to 2021 after the Argentine manager did exceptionally well in the two weeks trial periods.
Solari managed an injury-ravaged Real Madrid to four wins in four games a feat Lopetegui could not manage with a fully fit Los Blancos team at his disposal.
Solari’s men will be up against Eibar in their next La Liga match after the FIFA international break.