Guus Hiddink has resigned as coach of Anzhi Makhachkala with former Manchester United coach Rene Meulensteen named as his replacement.
Hiddink has played a key role in the emergence of the Dagestan-based club built on the backing of billionaire owner Suleyman Kerimov. But he today announced he would be standing down with Dutchman Meulensteen already installed as his successor.
An Anzhi statement published on the club's official website read: "FC Anzhi has accepted the request of the head coach to terminate their employment relationship.
"The club sincerely thanks Guus Hiddink for his significant contribution to the club and wishes him success in his future career."
Hiddink said: "This decision was not easy for me, but I've always said that my mission with Anzhi would end when the club was able to develop and grow by itself without my participation.
"Now that time has come. I am convinced that the club has a great future and I am glad I was part of this large-scale football project."