Manchester City to Pay Exorbitant Compensation Fee to Chelsea, Complete Enzo Maresca Deal
Manchester City are set to pay Chelsea a compensation fee of over $22.8 million to appoint Enzo Maresca as their new manager. The Italian boss has already agreed a verbal deal with City, which includes a three-year contract to succeed Pep Guardiola at Etihad Stadium.
Maresca previously worked as Guardiola's assistant during City's treble-winning campaign in 2022-23. He then managed Leicester City and Chelsea, before his tenure at Stamford Bridge ended abruptly on New Year's Day. The nature of his departure has complicated his move to City, with Chelsea entitled to compensation due to the remaining three and a half years on his five-year contract.
Chelsea had considered reporting City to the Premier League for an alleged illegal approach, as well as taking legal action against Maresca for breach of contract. However, a settlement is close to being finalized, with City willing to pay the significant fee to secure Maresca's appointment.
The move is expected to be completed shortly, with Maresca potentially being unveiled as City's new manager as early as this week. Chelsea, who failed to qualify for European soccer next season, will receive a much-needed financial boost. Meanwhile, City are confident that Maresca can lead the team to a new era of success, following in the footsteps of Guardiola.
Maresca previously worked as Guardiola's assistant during City's treble-winning campaign in 2022-23. He then managed Leicester City and Chelsea, before his tenure at Stamford Bridge ended abruptly on New Year's Day. The nature of his departure has complicated his move to City, with Chelsea entitled to compensation due to the remaining three and a half years on his five-year contract.
Chelsea had considered reporting City to the Premier League for an alleged illegal approach, as well as taking legal action against Maresca for breach of contract. However, a settlement is close to being finalized, with City willing to pay the significant fee to secure Maresca's appointment.
The move is expected to be completed shortly, with Maresca potentially being unveiled as City's new manager as early as this week. Chelsea, who failed to qualify for European soccer next season, will receive a much-needed financial boost. Meanwhile, City are confident that Maresca can lead the team to a new era of success, following in the footsteps of Guardiola.
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