Cesare Prandelli has put pen to paper on a four-year deal with the Italian Football Federation (FIGC) to replace Marcello Lippi as head coach of Italy.
The 52-year-old attended a meeting at the FIGC's headquarters in Rome earlier this afternoon before lunching with Federation President Giancarlo Abete, vice-President Demetrio Albertini and Director General Antonello Valentini.
He then returned and signed the contract, which will take him to the end of the FIFA World Cup in Brazil in 2014 and reportedly earn him 1.2million euros per year.
Prandelli, who will be formally unveiled before the media at the Stadio Olimpico on Thursday, has been able to keep the same technical staff as at former club Fiorentina with Gabriele Pin as assistant, Renzo Casellato as technical assistant, Giambattista Venturati as fitness trainer, and Vincenzo Di Palma as goalkeeping coach.
A training camp in Coverciano has been scheduled for August 9 before a friendly match against an unconfirmed opponent two day's later at Fulham's Craven Cottage stadium in London.
The FIGC confirmed they are in negotiations with Egypt, Ivory Coast and Uruguay over the possibility of playing the Azzurri in August.
Italy start their campaign to reach UEFA Euro 2012 in Poland and Ukraine against Estonia on September 3. Qualifying Group C also contains Serbia, Northern Ireland, Slovenia and Faroe Islands.