Leicester have confirmed Marti Cifuentes as their new manager.
Cifuentes succeeds Ruud van Nistelrooy, who left the King Power Stadium after seven months as manager following the Foxes’ relegation to the Championship.
Cifuentes has signed a two-year contract at the King Power Stadium, with an option for another year.
The 43-year-old was at fellow second-tier club Queen’s Park Rangers before being placed on gardening leave at the end of June after discussions with West Bromwich Albion about their head coaching job. Cifutentes was not offered the job, thus Ryan Mason took over instead.
Leicester have paid a £500,000 fee in compensation to QPR – with Cifuentes paying exactly half of that by foregoing some of the wages and the signing-on fee he is due from the Foxes. Effectively, Cifuentes is taking a pay cut to take charge at the Midlands club.
The new Foxes manager is in line take charge of the team for the behind-closed-doors friendly against Leicester’s sister club, OH Leuven, on Saturday, before they head to Austria on Wednesday for a pre-season training camp.
Leicester’s Championship season starts on August 10 with a home game against Sheffield Wednesday.