Roberto Mancini has been offered £35million (€48million) to manage World Cup hosts Russia as contract talks with Manchester City drag into another week.
The Daily Mail has claimed that Mancini has agreed to take over the national team and has signed a six year deal that would see him manage the Russians until they host the 2018 FIFA World Cup.
Bosses at the Etihad Stadium have rebuffed the story however, insisting the Italian will join club players at their preseason training camp in Austria on Sunday and that negotiations over a new contract would be ‘concluded’ positively in the week.
Russia’s desire to appoint a high-profile boss has led to an incredible tug-of-war over Mancini, who led the Blues to their first league title since 1968 after a dramatic final day, and has just one year of his current deal remaining.
However, City said on Saturday that they were confident their manager would re-sign for them after protracted discussions between lawyers on both sides for the past two months.
The Russian Football Federation believes they have the money and clout to be a major international football force and have also been linked with ex-Barcelona boss Pep Guardiola as they seek a replacement for Dick Advocaat, who was sacked in the aftermath of the Russians failing to emerge from their Group at Euro 2012.