Real Madrid have confirmed the appointment of Carlo Ancelotti as the replacement for Jose Mourinho after finally agreeing terms with Paris Saint-Germain for the Italian’s services with former French international Laurent Blanc taking over at the Paris club.
The former AC Milan and Chelsea manager has signed a three year deal with the La Liga runners up after being linked with the Champions League winning manager since the departure of Mourinho to Chelsea.
“Carlo Michelangelo Ancelotti will coach Real Madrid next season. The Italian has experienced success in every country where he has managed and arrives in the Spanish capital after being named coach of the season in France.
“Familiar with the pressures of managing the great teams of the continent (Juventus, Milan, Chelsea and PSG) the Italian is a guarantee to direct an exciting project,” the club said in an official statement on their site where they also confirmed the manager will be unveiled on Wednesday.
The 54 year old was eager to join up with his new team earlier but PSG refused to officially sanction the deal until they had confirmed a replacement, a process which included rejections from Tottenham boss Andre Villas-Boas and Swansea’s Michael Laudrup.
It has been reported in Spain that Real have had to pay up to £4million in compensation to the Ligue 1 champions for the one year remaining on Ancelotti’s contract.
The appointments at both clubs is likely to move along a number of transfers which were held up awaiting the approval of the incoming manager.
Arsenal and Juventus target Gonzalo Higuain is close to the exit at Real and will likely make his move in the coming days after gettin ghte green–light from Ancelotti.
Both Real and PSG have been linked with Tottenham’s Gareth Bale, Malaga’s Isco and Napoli’s Edison Cavani in what are likely to be the big money moves of the summer window so movement is expected on those soon.
Madrid president Florentino Perez is quoted as saying earlier in the week that Ancelotti’s arrival was imminent and in the same interview that the club were close to beating out Manchester City for the signature of Isco and that Ronaldo would sign a contract extension at the club.
“There is a great chance that he will be a Real Madrid player because he wants to be in Madrid and Madrid also want him. Isco is one of Spain’s great players and the technical team have understood that he has the necessary quality to play for Madrid,” Perez said before responding to questions about Ronaldo’s future.
“This question will be clarified shortly. I don’t doubt that Cristiano will retire at Real Madrid. I am convinced he will renew. The renewals will be done before the competitions start.”