French coach Laurent Blanc has left his position as head coach of Paris Saint-Germain by mutual agreement.
Despite dominating the domestic scene in France, the 50-year-old failed to deliver any European silverware, the one thing the club's hierarchy so desperately wants.
Following the Champions League quarter-final exit to Manchester City this season, Blanc was always heading for an exit from Parc des Princes.
Unai Emery is already negotiating with Paris Saint-Germain to become his successor.
A PSG statement read: "In a respectful atmosphere, negotiations were completed on June 27. An agreement, by common accord, preserves the interests of both parties.
"As the club decides to head in a new direction for the management of the first team, it wishes to thank Laurent Blanc and expresses its gratitude for the work accomplished over the last three years by Laurent and his staff.
"During his three years at the club, Laurent Blanc won 11 trophies, including two national quadruples, and left a significant mark on the great history of Paris Saint-Germain."
PSG chairman and CEO Nasser Al-Khelaifi added: "As we embark on a new chapter in the development of the club, I would like to thank Laurent Blanc for everything he has achieved over the last three years, both in terms of the playing style and results. I wish him the best for his future challenges."