Real Madrid president Florentino Perez has accepted Jose Antonio Camacho’s resignation as coach.
Camacho submitted his resignation on Sunday after the club’s 1-0 loss to Espanyol, the club’s second defeat within the space of four days, following the midweek Champions League reversal at Bayer Leverkusen.
Perez has appointed his deputy Mariano Garcia Remon as caretaker-coach.
Camacho had only been in the post since May when he was appointed to replace Carlos Queiroz who was fired after just one season in charge at the Bernabeu.
Camacho made more than 400 appearances as a player for Madrid between 1973-89 but his coaching experience at the club has been somewhat briefer.
In his previous spell in charge in 1998, he resigned after just three weeks in charge, over a disagreement with former chairman Lorenzo Sanz.
Camacho then went on to coach the Spanish national side for four years, after which he returned to the Bernabeu via a short stint with Portugal’s Benfica.