Jose Mourinho is to hold talks with Real Madrid president Florentino Perez at the end of the season to discuss his future at the Bernabeu.
Mourinho has a contract with Madrid until 2016 but speculation regarding his future has been rife of late, amid suggestions he could seek a new challenge in the summer.
The Portuguese has been most strongly linked with a return to his former club Chelsea, whom he left in 2007 before taking over at Inter Milan a year later.
"When the season ends I will sit down with who I have to sit down with, who as well as being the president is also my friend and is the legal and emotional representative of all Real Madrid fans," Mourinho said.
"We will sit down quietly and talk about my future, like two friends."
Mourinho led Madrid to the Liga title last season while this campaign, although they are trailing Barcelona by 13 points in the league, Los Blancos are in the final of the Copa del Rey and in the semi-finals of the Champions League after their 5-3 aggregate win over Galatasaray.
Looking ahead to Friday's semi-final draw, Mourinho said: "The draw doesn't mean much as Borussia will be there and probably Barcelona and Bayern, three top teams who are among the best in Europe.
"They (semi-finals) will be two big games to enjoy and give everything in. I prefer to play against my friends. I have those in Paris and not in Barcelona. (However) the semi-finals are not the objective of the club and I know that."