Diego Simeone is ready to accept a long-term role at Chelsea next summer, but only if Roman Abramovich agrees to a huge overhaul of the squad, reports the Mirror.
It is a very similar opinion to that of Pep Guardiola who, according to the Mail, has told Chelsea they will need to sign no less than ten players if he is to agree to manage them.
Simeone doesn't have quite the same reputation as Guardiola, but he is still ready to lay out his demands to the Chelsea owner if and when he comes calling as expected.
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The Atletico Madrid boss has worked wonders at the Vicente Calderon, sealing the La Liga title in 2014 and, in the same season, came within minutes of a Champions League triumph.
Unsurprisingly, he has emerged as one of the prime candidates to take charge of the Blues in the summer following the departure of Jose Mourinho.
Guus Hiddink is expected to take the job on an interim basis in the coming days, but a long-term appointment is already being discussed in Stamford Bridge boardrooms.
Simeone does not speak English but is tempted by the chance to manage in the Premier League. His assistant, German Burgos, has already learnt the language and Simeone will take lessons if required.
His Atletico contract comes with a £15m get-out clause, but that should not prove too much of a barrier for Abramovich, who paid a similar amount to release Andre Villas-Boas from his Porto contract in 2011.
However, before Simeone agrees, he wants to know the Russian oligarch will allow him full control over transfers and a huge budget to overhaul the failing squad.
That could be bad news for Abramovich’s adviser Marina Granovskaia and technical director Michael Emenalo, who have played a significant role in player recruitment in recent years.