Serbian Miodrag Jesic will take over as head coach of Bulgarian side CSKA Sofia following the sacking last week of Stoycho Mladenov, club executive Georgy Iliev has announced.
"We have struck an agreement with Miodrag Jesic," Iliev told journalists outside CSKA Sofia's ground.
Mladenov, 55, who led the team to two Bulgarian League titles in 2003 and 2008, was dismissed on Friday after a run of poor results in the Europa League qualifiers and domestic league.
CSKA, one of Bulgaria's most popular clubs are currently trailing in fourth in the league at the winter break, nine points behind leaders Ludogorets Razgrad.
The 31-times Bulgarian League champions have been hit by serious financial difficulties in recent years, leading to payment rows with players and coaches, frequent coach changes and poor results.
Jesic, 54, previously coached CSKA in 2005 when they won their 30th league title before leaving the club a year later for Serbia's Partisan Belgrade.
Recently, the Serbian veteran has coached teams in Libya, China, Iran and Saudi Arabia.