Tuttosport: Rangnick to Milan all agreed – his transfer budget and when it will be announced

By Oliver Fisher -

Everything has been agreed between Ralf Rangnick and AC Milan regarding the German becoming the club’s new manager, a report claims.

As Tuttosport reports on Wednesday (via MilanLive), confirmations are now also coming from sources in Germany close to Rangnick claiming that the problems that arose between February and March – due to the COVID-19 pandemic – have been overcome and the parties have reached agreement.

However, they will have to wait a little longer for everything to be official as the signature and announcement will only arrive in August once the Rossoneri’s season is over, so as not to disturb Stefano Pioli and Paolo Maldini.

A meeting between the 61-year-old and Elliott Management Corporation chief Gordon Singer remains on the agenda. This looked like it could happen last week, and instead is likely to happen later this month.

Rangnick’s role is yet to be defined however: Elliott would like him mainly on the bench as the head coach, while Rangnick would like to devote himself to the complete construction of the team, entrusting the coaching job to someone else.

Confirmations have also arrived on the budget available for the summer window: €75million plus 50% of future sales.

Tags AC Milan Ralf Rangnick