Laurent Blanc will leave Paris Saint-Germain by the end of the week, despite signing a two-year contract extension in February.
The former French World Cup winner is going through the final discussions over his departure from the Parc des Princes, his agent Jean Pierre Bernes confirmed on Monday.
'Before the end of the week, PSG and Laurent Blanc will be separated,' Bernes told French radio station Europe 1. 'We're in discussions with PSG directors and it's being done in an excellent atmosphere from both sides.'
Blanc's departure from the Parisian giants has seemed inevitable since he failed to secure a passage for his team past the quarter-finals of the Champions League.
Unai Emery, who has won the last three Europa League titles with Sevilla, is expected to be named as Blanc's successor in the French capital.
Under Blanc, who replaced Carlo Ancelotti in June 2013, PSG claimed their second successive domestic treble last season but went out in the quarter-finals of the Champions League after failing to get the better of Manchester City.
With European success at the heart of their plans, Blanc's failure to make the last four in the competition in his time with the club was effectively the final nail in his coffin.
It prompted PSG club president Nasser Al-Khelaifi to describe their season as a 'failure' and paved the way for Emery to take over.
Source: Daily Mail