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Inter and Conte agree to part ways with each other ‘immediately’

Antonio Conte - Inter Milan
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In a matter of weeks after bringing the Scudetto to San Siro, the Italian manager bids farewell to the Nerazzurri.

Inter Milan have “reached an agreement to part ways immediately” with manager Antonio Conte, according to Fabrizio Romano.

Conte, who has had a successful two-year spell at the club, will be paid €7 million to terminate his contract and leave with “immediate effect” by Inter, the reputed journalist informed in a separate Twitter post.

The 51-year-old guided the team to a second-place Serie A finish and a Europa League final in his first season in charge. He was able to end Inter’s 10-year trophy drought this term as he guided them to their first Serie A title in a decade.

It is essentially the club’s difficult financial situation behind the divorce with Conte. Inter chairman Steven Zhang reportedly demanded from the manager to cut down his wage bill by about 20 percent. Furthermore, Zhang wanted to raise up to €100 million from player sales this summer.

The Italian manager, on the other hand, wanted to bolster his squad ahead of the next season and was unwilling to lose any of his key players. This difference of opinion supposedly led to him deciding his future lies away from San Siro.

Romano also reported Lazio manager Simone Inzaghi and former Juventus boss Maximiliano Allegri are among the candidates to take over at Inter.