Real Madrid got their Man !!!

It has been confirmed that Jose Mourinho will be new Real Madrid Coach . Jose Mourinho will be unveild on Monday as their new manager after agreeing compensation with Inter Milan.

Club presidents Massimo Moratti and Florentino Perez met in Milan on Friday to thrash out a deal to allow Mourinho to quit the Champions League winners.

Mourinho, 47, will replace Manuel Pellegrini in the Madrid hotseat after the Chilean was sacked on Wednesday.

Spanish and Italian media reported Inter would receive about 8m euros (£6.7m) under the terms of his deal.

Inter had claimed they were due £13.5m in compensation for Mourinho, whose contract was due to run until 2012.

A Real Madrid statement said: "The agreement took place following a meeting between Inter Milan President Massimo Moratti and Real Madrid President Florentino Perez in Milan.

"The meeting was friendly and cordial, as befits the relationship between both clubs."

It added that Mourinho will be presented as Real's new coach in the press room of the Bernabeu Stadium on Monday afternoon.

Mourinho is expected to arrive at Real Madrid on Monday

Mourinho, who took over at the San Siro in 2008, became only the third man to win European club football's most prestigious competition with two different clubs when Inter beat Bayern Munich 2-0 in Saturday's Champions League final.

That success also assured the Nerazzuri's place in the history books as they became the first Italian team to win the Treble, having already retained the Serie A title and beaten Roma to lift the Italian Cup.

Former Chelsea boss Mourinho was contracted to Inter until 2012.

A club statement said: "President Massimo Moratti and FC Internazionale thank Jose Mourinho and his coaching staff for the work done during two successful seasons on the domestic and European fronts."

Pellegrini's free-scoring Real side finished runners-up in the Spanish League this season, netting 102 goals in 38 games, with 60 of those strikes coming at home.

But the 56-year-old Chilean was dismissed for failing to land any silverware, despite the Spanish giants having signed Cristiano Ronaldo, Kaka, Karim Benzema and Xabi Alonso for a combined fee in excess of £196m in the summer of 2009.