Diego Martín Vázquez has officially ended his tenure as head coach of Real Estelí, departing the Nicaraguan club following a challenging run of results that included a decisive exit from the 2026 Copa Centroamericana, according to local media reports from outlets such as Diario La Prensa and El Heraldo.
The Exit from Real Estelí
The Argentine coach, widely known in Central American football by his nickname “La Barbie,” leaves the Managua-based club after a mutually agreed-upon contract termination. Real Estelí confirmed the departure through official social media channels, expressing gratitude for the professionalism and commitment shown by Vázquez and his technical staff during their time at the helm of the “Tren del Norte.”
Vázquez arrived in Nicaragua with clear expectations to maintain the club’s domestic dominance and elevate its profile regionally. While he successfully captured the Primera División de Nicaragua championship during his previous season, results in the current campaign shifted pressure onto the technical bench. The tipping point arrived during the group stage of the 2026 Copa Centroamericana, where the club failed to secure the necessary points to advance to the knockout rounds.
Continental Elimination and the Marathón Defeat
Real Estelí’s international aspirations met a definitive end following a 3-0 defeat against Honduran powerhouse Marathón. The loss sealed their elimination from the regional tournament in the group stage, dealing a heavy blow to a squad that prioritized deep continental advancement.

Potential Return to Honduran Football and Real España Links
With his departure from Nicaragua finalized, Vázquez’s name quickly surfaced in connection with vacancies in the Honduran Liga Nacional. Reports from El Heraldo indicate that Real España views “La Barbie” as a primary candidate to fill their managerial vacancy. The San Pedro Sula club found itself in the market for a new leader following the abrupt resignation of Costa Rican coach Jeaustin Campos, forcing the club’s board to evaluate replacements swiftly.
Vázquez is no stranger to the Honduran top flight. His extensive managerial background includes a highly successful tenure at Motagua, where he established himself as one of the most prominent tactical figures in the country. Previous informal discussions between Real España and Vázquez occurred before he took the Real Estelí job, meaning both parties share prior familiarity. However, as sports outlets note, formal negotiations must still progress before any agreement becomes official.
Next Steps for Both Clubs
Meanwhile, Real España continues its search for a permanent head coach to steady its squad in the Liga Nacional standings.

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