Chelsea will not have to pay compensation for José Mourinho after Real Madrid confirmed that the Portuguese manager will leave the Bernabéu at the end of the season by mutual consent.
Nothing now stands in the way of Chelsea and Mourinho formalising an agreement that was reached in principle months ago.
The 50-year-old, whose position at Madrid had become untenable, has long been preparing for next season at Stamford Bridge – preparations that include contacting potential signings.
Chelsea hope to confirm his reappointment in the middle of next month.Madrid's president, Florentino Pérez, called a meeting with Mourinho at the club's Valdebebas training ground on Monday morning during which the two agreed to bring an end to the coach's contract, which was due to expire in 2016, after the final game of the season on 1 June.
That decision was then ratified by the board in the afternoon and made public at a press conference at the Bernabéu at 8pm. Pérez said that no compensation would be payable either by coach or club.Madrid's president said: "No one has been sacked." He also said that he would have liked Mourinho to have continued but that the pressure at Real Madrid meant that the time had come to end the relationship.
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