August 9, 2011
The agreement is only in the absence of signature, pending formal process to finalize their legal representatives to be completed in Beijing.
Camacho would lead the team to against Spain if he finally put his signature on documents, and China hopes the Game to be held in Beijing on November 11th.
It is reported that Camacho’s annual salary is at least 8 million U.S. dollars. He also demanded no less than two foreign assistants to join the team, so the total annual salary of coaching staff is likely to exceeded $ 10 million U.S. dollars.
Camacho gained more than 80 caps with Spain, representing it in two FIFA World Cups and as many UEFA European Football Championships. He also managed the Spanish national football team during four years, taking it to the quarterfinals in the 2002 World Cup.