The 49-year-old, who joined Real in May 2010 on a four-year deal, said early in May he had no ambition to coach in new countries.
But media reports had continued to speculate on his returning to England, with some linking him to a move back to his former side Chelsea.
Real striker Cristiano Ronaldo praised Mourinho in an interview yesterday in Spanish sports daily AS, calling him “the best coach in the world”.
“To continue my career with Mourinho now is just great because it helps me improve and learn more,” he said.
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