Paris, Dec 29 - French Ligue 1 club Paris Saint-Germain (PSG) is set to sign Italian coach Carlo Ancelotti to replace Frenchman Antoine Kombouare, reports in France say.
Ancelotti, 52, is due to meet the PSG directors to sign an agreement under which he will manage the French club for two-and-a- half years, Xinhua reported.
Under the agreement, PSG will offer 500,000 euros ($653,464) to the veteran Italian coach, the highest salary in the history of the local championship.
The Italian previously helmed English club Chelsea and won the Premier League and FA Cup in his first year with the side.
After David Beckham, Ancelotti is the second famous face to be recruited by PSG, whose new Qatari owners are investing billions to improve the club and make it a force to reckon with in European competitions. (IANS)
Similar
US News
- Sun Pharma Gets FDA Nod To Sell Nasal Spray Astelin In US Market
- Bharti Airtel Gets Hold Of 49% Stake In Qualcomm India broadband
- Facebook IPO issue must be reviewed, says U.S. financial regulators
- Brooklyn to investigate witness intimidation in abuse cases
- Sun Pharma, Dr Reddy's & Aurobindo Get USFDA Authorization To Market Generic Cardiac Drug
Rome, May 28 : The captain of the Italian football club Lazio has been arrested amid investigations in connection to match-fixing scandal. 
London, May 28 : Manchester City skipper Vincent Kompany has expressed his hope of making an impact at the Saturday's England v/s Belgium friendly, after not being slotted in for the Euro 2012 squad. 
London, May 28 : Former England cricketer Adam Hollioake has revealed that his friends and family were surprised when he chose the gentleman's game over rugby and boxing as his profession. 
Islamabad, May 28 : Pakistan cricketer Wajahatullah Wasti has said the Twenty20 format has caused a lot of damage to the techniques of opening batsmen. 
Sydney, May 18 : Australian professional motorcycle racer, two-time MotoGP world champion, Casey Stoner, announced that he will retire from Grand Prix racing at the 
Pune, April 30 - Veer Patel of Baroda steered his Honda CRF 250 with much panache to clinch the title in the showpiece Foreign Open class ahead of defending champion Aravind KP in the 2012 National Supercross championship here.