Inter Milan president Massimo Moratti admitted Rafael Benitez's departure as coach had become inevitable.
The Serie A side confirmed on Thursday an agreement had been reached over the termination of the Spaniard's contract. Talks had been ongoing between the former Liverpool coach's agent and the Inter hierarchy to find a resolution.
"I'm sorry the relationship with Benitez is over, but the split had now become inevitable," ANSA quoted Moratti as saying.
Benitez's future at the San Siro had looked bleak since he appeared to issue an ultimatum after leading Inter to success in the FIFA Club World Cup on Saturday. Benitez called for Moratti to back him in the upcoming transfer market after an otherwise poor start to the season or dispense with his services.
Despite his time at the San Siro turning sour so quickly, Benitez does not bear a grudge against his former employers.
"I want to thank everyone for the support received during my experience at Inter. I want to thank personally and on behalf of my staff, players, employees of the club and fans who have placed their trust in us," ANSA quoted Benitez as saying.
"The two titles we won were the result of the commitment of all those who have been on our side, maintaining the basic principles of professionalism, education, respect and dedication to the club.
"Regardless of the sadness that is natural when you leave a big club like Inter, we take with us the joy of the memories of the fans who welcomed us after winning the Club World Cup.
"I would also like to greet the players, staff and employees who, because of the holiday period, I can personally greet in the coming days. I wish all of them, as well as the club and the fans, the greatest sporting success for the future.
"Finally, it is incumbent on my part to thank president Massimo Moratti for choosing me as coach."
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