Inter Milan have confirmed they have reached an agreement over compensation for Jose Mourinho and he will now be presented as the new head coach of Real Madrid on Monday.
Madrid sacked Manuel Pellegrini on Wednesday and outlined their intention to replace him with Mourinho once both they and the Portuguese had negotiated his release from Inter.
The two clubs had been struggling to reach a compromise as Inter were insisting they must be paid the full €16 million due to them under the terms of Mourinho's contract.
However, an agreement, reported to be worth €8 million, has been reached after a meeting between Real president Florentino Perez and his Inter counterpart Massimo Moratti in Milan.
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