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Hiddink signs for Anzhi

The former Chelsea manager is handed the task of turning the big spending Russian side to an European heavyweight

Guus Hiddink has reportedly signed a contract to become the new manager of Russian big spenders, Anzhi Makhachkala.

Sources state that the former Chelsea manager has agreed an 18-month deal to take over the wealthy Russian club, which is his first permanent club post in six years. 

 It is expected that the appointment will be announced within the next 24 hours and that Hiddink will join up with the Anzhi squad at a training camp in Turkey. 

The Dutchman was sighted in Moscow on Friday, in what sources say is a last-minute attempt to iron out the details of the package, which reports in Holland have suggested will be worth €10 million-a-year (£8.3m) net of tax, with Anzhi chiefs.

Hiddink, who is comfortable with life in Russia after managing the national team for four years, will be handed a vast budget to bring in the players to win the Russian league and make an impact on the European stage.   

He has been out of the game since stepping down as Turkey manager last November following the country's failure to qualify for Euro 2011.