Malaga on Tuesday confirmed that Manuel Pellegrini is free to leave the Spanish club this summer. The Chilean tactician is the odds-on favorite to replace Roberto Mancini as coach of Manchester City, who was fired on Monday.
Pellegrini’s current contract at Malaga runs for another two years but reports in Spain claim that the club, which made a surprising run to the UEFA Champions League quarterfinals this season, will let him go on June 30 without demanding his $5 million buyout clause.
Pellegrini, 59, famously coached Villarreal to the UCL semifinal in 2006 before moving on to Real Madrid, which he coached for a single season in 2009-10. Following more Champions League heroics this season, the Chilean is once again in demand.