After being sacked by Chelsea in the summer, the 49-year-old was one of the leading candidates to replace Julen Lopetegui, who was dismissed by Madrid two weeks ago.
But Madrid opted not to bring Conte to the Santiago Bernabeu and instead promoted Santiago Solari from their Castilla side, to manage the first team for the remainder of the season.
“I’m calm, I always try to update myself and talk with other coaches,” Conte told Sky Sports Italy.
“We are waiting for next year.”
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