Sporting Lisbon boss Leonardo Jardim has resigned after just one season at the club and is widely expected to take the vacant manager's job at Monaco.
Jardim's resignation came on the same day the French giants parted ways with Claudio Ranieri, and according to The Daily Mail, he'll take over at the Principality outfit.
The 39-year-old had only been in charge of Sporting for a year, having previously had short stints at Olympiacos and Braga.
His sole season in charge in Lisbon was a successful one - he lead the club to a second place finish, being beaten to the title by the all conquering Benfica, and earning them a first Champions League appearance since 2009.
A stark contrast to the 2012/2013 season, when four different people were in the managers hot-seat at one stage or another as the club finished seventh in the Primeira Liga and finished bottom of their Europa League group.
Like Sporting, Monaco finished the season in second place and qualified for the Champions League, but that wasn't enough for Ranieri to keep his job.
The former Chelsea and Juventus boss had been in charge for two years and lead the club to the Ligue 2 title in his debut season.
Last summer he spent big to secure the services of Radamel Falcao, James Rodriguez and Joao Moutinho but couldn't win back-to-back titles - Paris Saint-Germain took the Ligue 1 crown, finishing nine points ahead of Ranieri's side.
The club's hierarchy praised the Italian's work, but said the club were looking to move in a different direction.
Club vice-president Vadim Vasilyev said: "It was a difficult decision, it's never easy when the results are good. But we believe that at this stage of the project we need to find a new dynamic."
Similarly, Jardim leaves Sporting Lisbon on good terms with his employers, Bruno de Carvalho, Sporting president, said: "We have a feeling of respect and friendship for Leonardo Jardim.
"We've had a very good season together and we don't regret the choice."
Taking the reigns at money-bags Monaco will be a whole new experience for Jardim after his brief time at Sporting.
Last summer he saw star man Ricky van Wolfswinkel sold to Norwich for €10million, while Bruma and Tiago Ilori left for Galatasaray and Liverpool in big-money deals.
Jardim saw little of the transfer revenue and had to rely mainly on loans and free transfers, while Monaco splashed out over €100million on the likes of Falaco, Rodriguez and Moutinho.
If he takes over in the south of France one of his first jobs could be to welcome Ashley Cole to the club, with reports suggesting they're ready to offer the former England left-back a massive, tax-free, wage packet.
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