Vicente Moreno is confirmed as Espanyol's new manager. The club announced their arrival of Moreno after reaching an agreement with his former club Real Mallorca. He's signed a three-year deal and brings three backroom staff with him. Moreno will arrive in Barcelona on Wednesday and will be officially presented on the same day.
The negotiations between Espanyol and Mallorca weren't easy but eventually all sides reached an agreement. Espanyol will pay a little over €500,000 to Mallorca in the way of compensation.
Moreno met with Mallorca on Tuesday morning to discuss being released from his contract and it didn't go well. However, things dramatically changed over the last few hours and Moreno will now oversee Espanyol's plans to immediately return to LaLiga. The new manager will have the final say on all signings and give his opinions on who should be sold this summer.