Manchester City Close to Financial Settlement with Chelsea for Enzo Maresca

AI Summary

Manchester City are close to reaching a financial settlement with Chelsea to appoint Enzo Maresca as their new manager. Chelsea are demanding compensation for Maresca's departure, citing a breach of contract.

The Maresca Saga

Manchester City are close to reaching a financial settlement with Chelsea that will enable them to appoint Enzo Maresca as their new manager.

Chelsea's Compensation Demand

Chelsea are demanding compensation from City to release Maresca as they believe they have evidence that the Spaniard breached his contract at Stamford Bridge by talking to the club’s Premier League rivals when he was still their manager last season.

Financial Implications

A financial settlement worth over £10m to Chelsea is thought to be the likely outcome with negotiations between the clubs over the finer details ongoing.

The Impact on Chelsea

Chelsea sources have indicated they have sufficient evidence to report City to the Premier League for making an illegal approach to Maresca, but have no plans to do so and are continuing to negotiate with them.

The Future Outlook

Manchester City do not return for pre-season training until the middle of next month as they have 19 players away at the World Cup so have some time to get the matter resolved, although Maresca is eager to start work for the club as soon as possible.