Soccer

Madrid cough up for Ancelotti

2013-06-22 16:43
Carlos Ancelotti (AFP)

Madrid - Spanish giants Real Madrid are to pay 4.5 million euros to be allowed to hire coach Carlos Ancelotti.

The 54-year-old Italian still had a contract until June 2014 with French club Paris St Germain, but will take over Real Madrid, following Jose Mourinho's departure to Chelsea.

L'Equipe said on Saturday that PSG and Real had agreed to the amount payable to the French club.

Ancelotti's contract with Real is said to be worth between seven and eight million euros net per year. But due to tax reasons, he will only sign the contract on July 1.

Former French coach Laurent Blanc is to take over PSG and sign a two-year contract with the Qatar-owned club. Blanc has been without a team since France were knocked out of last years' Euro at the quarter-finals stage.

Blanc, who was in the French squad that won the World Cup in 1998 and the 2000 European championships, has only coached one club, but won the league with Girondins Bordeaux in 2009.

Read more on:    real madrid  |  carlos ancelotti  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

With the Absa Premiership in full swing, who will be crowned champions when all is said and done? Will Mamelodi Sundowns defend their title? Or can Kaizer Chiefs, Orlando Pirates or Bidvest Wits mount a serious challenge? Stay glued to Sport24 to find out!

Latest blogs
Vote

Who will claim the Premier League title at the end of the 2016/17 season?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.