Former Juventus boss, Antonio Conte, has been appointed by the Italian Football Federation as Cesare Prandelli’s successor.
The FIGC’s new president, Carlo Tavecchio, who, himself, was appointed earlier this week, has personally overseen the appointment of Conte, which was finalized last night.
"President (Carlo) Tavecchio and Antonio Conte spoke directly by phone to define the final aspects of the collaboration that will bind Antonio Conte to the FIGC until July 31, 2016,” read an official statement by the FIGC.
"The new coach shared in the president Tavecchio's vision to revitalise the national team and the project of training of new Azzurri players, and has a strong commitment towards the technical sector as coordinator of the youth teams."
Reports claim that Conte was offered €1.6 million net per year, which is only half of the salary he earned at Juventus. However, the FIGC is rumoured to have requested funds from kit sponsors, Puma, to meet Conte’s salary demands.
"The contract between the FIGC and Antonio Conte provides compensation in line with the cost of the previous management, with a bonus for qualifying for Euro 2016, an added bonus in case of improvement of at least five places in the FIFA rankings, and a third bonus in case of participation at the Euro 2016 finals," the statement concluded.
Conte resigned from his post at Juventus days after Cesare Prandelli announced his resignation from the Italian head coach position. He guided Juventus to three consecutive Serie A titles, including a record points tally winning campaign last season.
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