Wednesday, 19th June, 2013
Real Madrid are preparing to announce Carlo Ancelotti as their new manager on 3rd July, as long as Paris Saint-Germain can find a replacement before that date, according to L’Equipe.
Ancelotti, who officially has a year left on his PSG contract, has made no secret of wanting the Real Madrid job, but will have to wait until his club can confirm a successor.
It is understood that PSG are heavily interested in the idea of Fabio Capello, currently coaching Russia, taking on the task with a €3m release clause enough to bring the Italian over.
If all goes to plan, Real Madrid are hoping to officially unveil Ancelotti as the successor to Jose Mourinho on 3rd July, a move designed for tax-related reasons.
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Spanish clubs have used the method to enable a significant drop in tax rates for wages, and according to reports, the tax figures could go down from 52% to 24% for the first year’s income.
Ancelotti is understood to have a €4m release clause at PSG and the capital club’s owners are very keen for any future employers to buy him out of his final year’s contract.
Real Madrid could be ready to bring Ancelotti over on a three-year deal to the Santiago Bernabeu, but for the moment, both clubs are keeping quiet publicly, with PSG yet to finalise their own appointment.
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