Ranieri joins Monaco on two-year deal
Reuters - Wednesday 30 May 2012, 08:08
Former Chelsea, Juventus and
Inter Milan manager Claudio Ranieri has been appointed as Monaco
coach as the club from the wealthy principality look to regain
their top flight status, the Ligue 2 side said on Wednesday.
The 60-year-old Italian, who has signed a two-year contract
starting with immediate effect, was dismissed by Inter earlier
this year after they were knocked out of the Champions League by
Olympique Marseille at the round of 16 stage.
"Ranieri is regarded as one of the top European coaches and
he is bringing us his experience," Monaco said in a statement on
their website.
Relegated last season, Monaco had a disastrous start to the
campaign but managed to turn the situation around under Italian
coach Marco Simone to finish eighth, but the run was not enough
to prevent the manager and his staff from losing their jobs.
Despite bringing with him a wealth of experience, Ranieri
failed to lift a major trophy in his four-year stint at Chelsea
from 2000-04, or in two years in charge at Juventus from 2007.
Monaco reached the Champions League final in 2004 and will
be hoping the Italian can lead them back into the top flight.