Inter Milan have targeted both Chelsea manager and Atletico Madrid boss Diego Simeone as their managerial targets this summer, according to Gazzetta dello Sport.

What's the word?

Well, according to the report, the San Siro giants are ready to splash the cash in order to bring in a big name manager to spearhead their rebuilding project. Having fallen from grace in recent years, the Nerazzurri have struggled to convert their off-field investment into success on the pitch.

Still, the Suning Group have previously been reported to be prepared to spend big money to help restore former glories this summer. Gazzetta's report claims both Conte and Simeone (who previously played for the club) are the preferred targets to take over from the outgoing Stefano Pioli.

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A mammoth five-year contract, one thought to be worth in the region of €10m-€11m per annum, is said to be considered by Inter in order to tempt a manager of such calibre to Serie A. Previously, that sort of money has only been paid to former Blues boss Jose Mourinho, who led the club to a historic treble in 2010.

Why would Conte leave?

Seems strange, doesn't it? Still in control of the Premier League title race, the former Juventus and Italy coach has endeared himself to the Stamford Bridge faithful with his tactical tinkerings and touchline antics this term.

However, there've been reports of Chelsea owner Roman Abramovich 'betraying' the Italian in terms of backing, as well as suggestions of disagreements between he and technical director Michael Emenalo over targets for the club.

Meanwhile, ESPN claimed back in March that Inter were growing confident in their pursuit, as well Conte himself admitting he missed his family while working in London.

"If you ask me if my family is missing me, honestly, I have to say yes, they are. It's not easy to stay alone, and live this experience with my family still in Italy."

What should Chelsea do?

Spend, spend, spend. While Chelsea have proved no manager is bigger than the club over the years, letting Conte leave after such an impressive first season in charge would be a mistake on Abramovich's part.

In order to prove to the Italian that Chelsea can compete in the Champions League while financing their stadium move, a big summer is needed.