New Real Madrid coach Manuel Pellegrini with Club director Jorge Valdano, from Argentina, right, before a press conference at the Santiago Bernabeu stadium, in Madrid, Tuesday, June 2, 2009. (AP)

MADRID (AP) - Real Madrid presented new coach Manuel Pellegrini as the figure to reinvigorate the club following its first trophyless season for three years.

New club president Florentino Perez presented the 55-year-old Chilean to the media on Tuesday at the Santiago Bernabeu stadium, one day after the former Villarreal coach agreed a two year deal to join the Spanish powerhouse.

Pellegrini was applauded by about 40 fans - who came with two Chile flags - as Perez introduced him as a coach who will bring elegance and possession football to Madrid.

Pellegrini, who led Villarreal for five seasons, called the move an "important step" in his career.

Perez, who returned to the presidency after three years away, is the club’s third president since January.