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The 50-year-old Roman, who was shown the door at San Siro by Massimo Moratti in March, is set to be unveiled as Marco Simone's successor in the coming days
May 29, 2012 5:33:00 PM
Claudio Ranieri has reportedly been installed as Monaco boss, just two months after parting company with Inter.
The Roman has put pen to paper on a two-year contract with the Ligue 2 outfit, with the option for a third, according to Sky Sport24.
Ranieri had been heavily linked with former club Fiorentina in recent weeks, but the Viola now look set to appoint Vincenzo Montella as their new coach.
The vacancy at Monaco sprang up recently following the dismissal of former Italy international Marco Simone, who had led the Rouge and Blanc to a disappointing eighth-placed finish in the French second division.
The side from the Principality are funded by Russian tycoon Dmitry Rybolovlev and recently announced the signing of Andrea Raggi for next season.
West Brom forced to look elsewhere as Claudio Ranieri appointed new coach of Monaco
Claudio Ranieri has been appointed the new coach of Monaco, ending speculation linking him with a move to West Brom
Ranieri: moving to Monaco Photo: Action Images
By Telegraph Sport 9:41AM BST 30 May 2012
The Ligue 2 club confirmed Ranieri's arrival in a statement on their website today, the 60-year-old Italian signing a two-year contract with the option for a further 12 months.
"AS Monaco Football Club is delighted to announce the appointment of Claudio Ranieri as the club's new head coach," read the statement.
"The appointment follows a rigorous search and selection process during which Claudio Ranieri clearly emerged as the outstanding candidate for the job.
"He is regarded as one of the leading coaches in modern European football and brings to ASM FC a wealth of experience and achievement in the game.
"We are confident that, under Claudio Ranieri's leadership, the team will continue the strong improvement it experienced in the second half of last season.
"Above all, we believe his coaching skills will bring an extra dimension to the preparation of the team that will help drive the level of performance that is required both to entertain and to excel."
The former Chelsea coach held two rounds of talks with Albion earlier this month over the possibility of succeeding new England manager Roy Hodgson at The Hawthorns.
He has most recently been employed in his homeland, with spells at Parma, Juventus and Roma before an ill-fated stint at Inter Milan ended in dismissal in March.
Ranieri will be presented tomorrow alongside general director Filips Dhondt and sporting director Tor-Kristian Karlsen at the Stade Louis II.
