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LIVE: Arsenal moving late for Cavani?

Transfer Talk
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By ESPN Staff

Lopez Caro ends stay at Racing for Levante

MADRID, July 5 (Reuters) - Former Real Madrid coach Juan Ramon Lopez Caro has left Racing Santander just over a month after joining the Primera Liga side and will now take charge of promoted side Levante.

Levante said that Lopez Caro had signed a one-year deal with the club, who were promoted after finishing third in the second division last season.

Spanish media reported that Lopez Caro had left Racing because he had fallen out with the board over his lack of involvement in the club's transfer policy.

Lopez Caro was promoted from coach of Real Madrid's reserves to take charge of the first team as the replacement for Vanderlei Luxemburgo in December 2005 and led Real to second place in the Primera Liga behind arch-rivals Barcelona.

Racing announced the appointment of another coach from the Real Madrid set-up later on Wednesday when they named Miguel Angel Portugal as their new boss.