Widely acknowledged as one of the most successful managers of all time, Mourinho will join a long list of names from the footballing hall of fame who have appeared as part of beIN SPORTS' premium football coverage in recent months, including Zlatan Ibrahimović, Paul Scholes, Ruud Gullit, Arsène Wenger, Marcel Desailly, Yaya Touré, Nemanja Vidić, Wesley Sneijder and Graeme Souness.
Now that he is unemployed again, Mourinho has been repeatedly linked with a number of high-profile jobs. "Everything has been sorted", said a source close to the former United, Inter and Real Madrid boss, the Daily Mail reported.
His record speaks for itself and various new job opportunities have been mooted since he became available to take charge at a new club.
Since they did just that things have improved immeasurably for the Red Devils, with interim manager Ole Gunnar Solskjaer winning five games out of five (four in the league) and bringing a feel-good factor back to Old Trafford in the process.
The Portuguese specialist now has right to head another club.
The fee reflects the slightly-less-than two years Mourinho had remaining on his contract, an improved deal which had been agreed a year ago.
However, Real president Florentino Perez remains a fan and with the club 10 points behind La Liga leaders Barca and outside the Champions League places pressure is mounting on Solari, who could be relieved of his duties before his contract expires at the end of the season.
It was never going to be an easy season after both Zinedine Zidane and Cristiano Ronaldo left but Julen Lopetegui had a nightmare time before being replaced by Santiago Solari.
"When a professional returns or is invited to return to a club it is a tremendous honor".
Manchester United have said that they are not preventing their Ex-Manager from joining any club.
Inter Milan are also considering a move for the out of job manager Mourinho as they hope to improve their standings and compete for titles.