Jose Mourinho has officially been named as the Real Madrid Coach as both Real Madrid and Inter Milan have agreed compensation for the manager. Mourinho will now been presented to the media and the fans in Madrid on Monday.
It is believed that Inter Milan were looking for compensation in the region of €16 million (£13.6 million) to allow Mourinho to leave Inter and join Madrid. It is understood that Real Madrid president Florentino Perez flew to Milan to agree a deal, and it is believed that they have managed to strike a deal around €8 million (£6.8 million).
A statement on the Inter Milan website read “The president Massimo Moratti and Florentino Perez met this afternoon. In light of the excellent and constructive relations of friendship that exist between the two clubs, an agreement was reached on the contractual clause that binds Jose Mourinho to FC Internazionale. The time and the manner by which the agreement will be honoured has been defined. Massimo Moratti thanks Florentino Perez for his willingness to join him in Milan and for his courtesy, which confirms, once again, the strong link between the two prestigious clubs”.