Valencia have already made a move for Jose Mourinho following their decision to dismiss Gary Neville, according to The Sun.
A disastrous four months in charge saw Neville's first venture into management come to an inglorious end. His appointment was a huge risk from owner Peter Lim and it has certainly backfired.
Now, Lim wants to go to the opposite end of the spectrum and hire one of the most reputable football managers in the world. Mourinho is still looking for a new role after leaving Chelsea in December and it is understood Valencia are ready to offer him a lucrative deal.
The news will set alarm bells ringing at Manchester United, who have long dangled the management position in front of the Portuguese's eyes. The consensus is that he has a gentleman's agreement with executive Ed Woodward to keep himself available until the end of the season.
Louis van Gaal remains in charge at Old Trafford but it is widely believed he will be dismissed unless he can get the team into the Premier League's top four. Only then will Mourinho receive a written offer.
Nothing, however, is stopping him from talking to other clubs and this report from Shaun Custis claims serious discussions have taken place over the role at Mestalla.The situation is further helped by the fact that Mourinho's agent, Jorge Mendes, is a close confidant of Lim's.
Mendes has enriched the lives of those who appease him in the past and it looks as though he has opened this door for Lim. Indeed, the report says a deal in principle has been agreed with Mourinho, which would never have happened without the agent's influence.
The billionaire tycoon is believed to be willing to offer Mourinho a deal worth £15m-a-year as well as a £100million transfer budget to transform the squad. It is a tempting project for Mourinho, who would be charged with rebuilding a fallen dynasty.
Manchester United remains his preferred option, not least because the proposed deal from the Red Devils is reported to be worth £20m-a-year. He would also get to keep his family in England, get some revenge on former club Chelsea as well as take on arch-rival Pep Guardiola, who will be arriving at Manchester City in the summer.
It appears, then, that the offer from Valencia will be something to fall back on if Van Gaal manages to cling on to power for another season.
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