Carlo Ancelotti has been confirmed as the new coach of Paris Saint-Germain, the club has announced at a press conference held at the Parc des Princes.
The move comes after Antoine Kombouare left the post earlier in the day, marking a return to the touchline for the Italian for the first time since he was sacked by Chelsea in May.
Ancelotti was pictured meeting PSG sporting director Leonardo in the French capital on Wednesday, before today's confirmation he will take over the Ligue 1 leaders.
The deal, which took some time to put together, was confirmed after PSG revealed Kombouare had left the post just an hour before today's press conference, which Ancelotti attended.
Kombouare was constantly at the centre of scrutiny this season, despite leading PSG to the top of the Ligue 1 table at the winter break.
However, the 48-year-old oversaw a premature UEFA Europa League exit at the group stage, which did not fit in with the club's ambitious new Qatari owners, who have sought to reinvigorate the capital club with high-profile names.
Ancelotti, 52, fits that bill, and the former AC Milan boss could also be joined by David Beckham, who he coached briefly at I Rossoneri during the former England captain's first loan spell at the San Siro, in the coming days.
PSG are reportedly close to completing a deal to sign the 36-year-old once his contract with
Ancelotti won a league and cup double with Chelsea in his first season in charge, before he was sacked at the end of last season despite finishing second.
The former Italy midfielder was also a two-time UEFA Champions League winner during his decade-long spell at Milan.