Pellegrini new Real Madrid coachJune 2nd, 2009 - 2:40 pm ICT by IANS
Madrid, June 2 (DPA) Spanish giants Real Madrid announced late Monday night that their new coach will be Manuel Pellegrini.
An announcement on the club’s official website states that the Chilean coach has agreed to a two-year contract with Real.
Real have not said how much they have paid Villarreal - where Pellegrini was under contract until 2010 - but Spanish media claim that the compensation fee is around 4 million euros ($5.66 million).
Pellegrini, 55, has guided Villarreal to a fifth-placed finish this season. He took them into the Champions League twice in his five-year spell at the “Yellow Submarine”, reaching the semi-finals in 2006 and the quarter-finals this season, losing to Arsenal on both occasions.
Pellegrini will take over from Juande Ramos, who guided Real to second place this season, nine points behind all-conquering champions Barcelona.
Earlier Monday, Florentino Perez took over as Real president, because none of the other candidates for the post had managed to give bank guarantees for 15 percent of the club’s budget, as the rules of the club stipulate.
Perez - who was president from 2000 to 2006 - announced that three former Real stars will be working with him: Jorge Valdano as general director, Miguel Pardeza as sporting director and Zinedine Zidane as special adviser to the president.
- Return of Perez raises expectations at Real Madrid - May 30, 2009
- Ronaldo no more on Real Madrid's purchase list - May 29, 2009
- Real Madrid prepare to take on Ajax in Champions League - Sep 26, 2011
- Madrid eyes Wenger, Loew after fallout with Mourinho - Jan 25, 2012
- Mourinho - the ego has landed, in Madrid - Aug 24, 2010
- Real Madrid reveals why its several talks failed to woo Wenger - Jun 06, 2009
- Real Madrid, AC Milan chiefs meet to decide Kaka's future - Aug 07, 2012
- Mourinho retains doubt over his future - Mar 04, 2012
- Mourinho is new Real Madrid coach - May 31, 2010
- Real Madrid preparing 50 million pound swoop for Rooney - Oct 18, 2010
- Barcelona look to close gap with Madrid - Mar 15, 2012
- Benitez tipped to become new Real Madrid boss - Mar 12, 2010
- Spanish clubs firm on fairer share of TV rights money - Sep 09, 2011
- China's social networking site extends sponsorship deal with Villarreal - Apr 11, 2012
- Barcelona plans to increase Camp Nou capacity by 10,000 - Sep 08, 2011
Tags: adviser, arsenal, bank guarantees, champions league, coach, dpa, florentino perez, giants, jorge valdano, juande ramos, manuel pellegrini, monday night, occasions, quarter finals, real madrid, real stars, semi finals, spanish media, yellow submarine, zinedine zidane