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Mijatovic quits Real

Internet, undated
Troubled Spanish giants Real Madrid announced on Wednesday that Pedja Mijatovic had quit as director of football "by mutual agreement."An official statement on the club's website expresses "our sincere gratitude for the work done" by Mijatovic, and wishes him "all the best...in his future projects."
Mijatovic - who played for Real from 1996 to 1999 - was appointed director of football by Ramon Calderon after the latter controversially won the presidential elections in 2006, amidst allegations of electoral fraud.
He had become a very unpopular figure at the Estadio Bernabeu, partly because of unsubstantiated rumours that he was taking commissions on his transfer deals - and also because most of his expensive signings have turned out to be flops.
Amongst Mijatovic's unsuccessful signings have been Pepe, Mahamadou Diarra, Royston Drenthe, Rafael Van de Vaart and Klaas-Jan Huntelaar.
On the other hand, he did well to bring in Ruud Van Nistelrooy - league top scorer in the 2006/7 season - and young Argentine striker Gonzalo Higuain.
It was Mijatovic who insisted on bringing back Fabio Capello to the club as coach in 2006, though he then sacked the Italian just days after Real had edged theirway to the Liga title in June 2007.
Mijatovic replaced Capello with Bernd
Schuster from Getafe, and was rewarded with the 2008 league title, but then sacked the German in December 2008 and brought in Juande Ramos.
Mijatovic was expected to resign along with Calderon in January, when the latter stepped down as president after sports daily Marca proved that he had sneaked false delegates into the club's annual general assembly.
However, he refused to quit - until now.
Ironically, at exactly the same time as Real were announcing Mijatovic's departure, Calderon was in a Madrid court on Wednesday as the accused party in a civic lawsuit about the general assembly fiasco brought by a group of angry club members.
Real have not revealed how much Mijatovic, who was under contract until 2010, has been paid off.
In a statement on the club’s website, Mijatovic has explained his departure by saying that "with the season coming to an end, with the team mathematically positioned in second place, and with the electoral process officially started, I have considered (this decision) to be the most opportune one, with the objective of not interfering in any way in the important events that will take place at the club in recent weeks."
Presidential elections are scheduled to take place at Real on Sunday June 14. The clear favourite to win is construction millionaire Florentino Perez, president from 2000 to 2006, who is rumoured to be already lining up top stars such as Kaka (AC Milan), Xabi Alosno (Liverpool), Franck Ribery (Bayem Munich) plus David Villa and David Silva ofValencia.