Coach Laurent Blanc parted ways with Paris St Germain, putting pen to paper on a 22-million-euro severance deal, French sports daily L’ Equipe reported yesterday.

Blanc’s future at PSG appeared in jeopardy three weeks ago when club president Nasser al Khelaifi described the 2015-16 season as a failure because of the club’s elimination from the Champions League by Manchester City.

PSG achieved their second successive domestic treble by winning Ligue 1, the French Cup and the League Cup, but Champions League progress stagnated as they lost in the quarter-finals for the fourth successive season.

Former France defender Blanc coached the national team from 2010-12 and took over from Carlo Ancelotti at Paris St Germain in 2013.

He signed a two-year contract extension in February.

The contract was terminated on Wednesday, L’Equipe said.

Reports said that Blanc would be replaced by Basque coach Unai Emery, who left Primera Liga club Sevilla on June 13.

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