Antonio Conte has left Inter Milan by mutual consent, with Simone Inzaghi likely to replace him as head coach of the Serie A champions.
Conte has agreed a deal with the club’s owners which will see him paid €7m (£6m) for the final year of his contract.
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The former Chelsea boss guided Inter to their first Serie A title in 11 years but was embroiled in a dispute with the club’s owners after they proposed a downsizing of his squad.
Inter chairman Steven Zhang reportedly asked Conte to cut his wage bill by 15 to 20 per cent and potentially sell players worth up to £70m this summer.
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Zhang arrived at Inter’s headquarters to continue discussions with senior staff on Wednesday morning.
A club statement read: “FC Internazionale Milano announces that it has reached an agreement for the consensual termination of the contract with the coach Antonio Conte.
“The whole club would like to thank Antonio for the extraordinary work he has done, which culminated in winning the 19th Scudetto. Antonio Conte will remain forever in the history of our club.”
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