Inter Milan gamble on novice Chivu after end of Inzaghi era
Still reeling from humiliation at the hands of Paris Saint-Germain in the Champions League final, Inter have gambled on novice Chivu after failing to get Cesc Fabregas from Como.
"Inter Milan is pleased to welcome Cristian Chivu as the new head coach of the first team. The coach has signed a contract with Inter until 30 June 2027," Inter said in a statement.
Chivu has agreed a deal with Inter worth a reported 2.5 million euros ($2.85 million) a season, taking charge of one of Europe's biggest clubs only a few months after beginning his senior coaching career with Parma.
Parma confirmed Chivu's departure earlier on Monday, setting up his arrival at Inter where he won three Serie A titles and the 2010 Champions League as a player.
Chivu was part of the iconic Inter team which won the treble under Jose Mourinho 15 years ago, a feat which the San Siro club tried and spectacularly failed to repeat this season.
In total Chivu played 169 times over six seasons with Inter, and he also knows Serie A well due to the four seasons he spent at rivals Roma before moving north in 2007.
The 44-year-old replaced Fabio Pechia in February and guided Parma to Serie A safety in his first job in football of any form since leaving Inter's youth set-up last summer.
"I thank the club, staff, players and fans for having believed in me and our project," said Chivu on Instagram.
"Together we overcame obstacles and wrote a page (in Parma's history) which will remain in my heart."
Chivu's first match in charge of Inter will be against Monterrey in the Club World Cup next week, in the Rose Bowl in Pasadena, California.
He will lead a group of players who looked dead on their feet during their 5-0 hammering against PSG in the Champions League final late last month.
Inzaghi left Inter in the wake of the Italians' thumping in Munich, taking the job at Saudi Pro League club Al Hilal who are also participating the Club World Cup.
He had made light of serious financial problems in turning Inter into one of Europe's best teams in his four seasons at the Milan giants, but his final campaign ended in a bitter fashion and with no trophies.
Inter had looked a decent bet for the Serie A, Champions League and Italian Cup treble when they booked a place in the semi-finals of Europe's top club competition by knocking out Bayern Munich.
At that point Inter were three points clear at the top of Serie A, but they ended up conceding the Scudetto to Napoli on the final day of the season and were knocked out of the Italian Cup by AC Milan.
That left the Champions League as Inter's only hope of a trophy but they lost in embarrassing fashion their second final in three years under Inzaghi.