SCOTT PARKER has been unveiled as Bournemouth boss on a three-year deal just hours after leaving Fulham by mutual consent.
The 40-year-old has been negotiating his exit from Craven Cottage for weeks now after his relationship with the ownership broke down.
SunSport understands he will not be paid any severance money.
Bournemouth are understood to have agreed a compensation package with Fulham of between ÂŁ250,000-ÂŁ300,000 for Parker and his five staff-members who will be joining him at the Vitality.
In signing Parker, Bournemouth have landed a man they wanted to hire last summer, but were foiled by Fulham winning promotion via the play-offs.
At his unveiling, Parker told afcbTV: “I believe this is the perfect fit for both parties.
“I’m familiar with Bournemouth because of my relationship with Harry Arter. It’s a football club I know well from watching him over the years.
“The ethos, the reputation, the journey and the challenge here is something that’s very exciting for me and my staff.
“We want to build a team the fans can be proud of and one they feel represents them. We can’t wait to get started.”
Bournemouth chief executive Neill Blake said: “It has been a long process but I am delighted to finally get our man.
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“Scott has always been our number one choice for this role and someone whose coaching career we have taken a keen interest in since his first steps in Tottenham Hotspur’s academy.
“Over a period of time he has proven himself as one of the best young head coaches in the country.
“[He is] someone who has a clear philosophy on how he wants to play and knows what it takes to win promotion from the Championship.
“Scott is fully invested in the long-term project in front of us here, and this is the start of an exciting new period for this club.”
Last term, Parker won praise for making his side harder to beat in the middle of last season, but could not prevent relegation back to the Championship.
Tensions rose with the ownership and he made it clear he wanted to leave, despite still having two years to run on his ÂŁ1million-a-year contract.
Fulham will now look to hire a replacement, with Swansea chief Steve Cooper the frontrunner.
Owner Shahid Khan said: “Through promotion and relegation alike, Scott has always enjoyed my support as our Head Coach.
“Scott’s departure does nothing to shake my confidence, however.
“We will hire a new Head Coach who is capable of achieving our goal of promotion and will be committed to Fulham and its supporters.
“And we will field a squad that will respond, compete and win. Onward.”
First-team coach Matt Wells, goalkeeping coach Rob Burch have followed Parker out the exit door at Fulham.
Head of sports science Alastair Harris first-team match analyst Jonathan Hill and lead physical performance coach Charlie Moore were also among the departures.
Source: Soccer - thesun.co.uk