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Ranieri steps down as Monaco coach

Wednesday 21 May 2014 7:48 a.m.

Claudio Ranieri (AAP file)

Claudio Ranieri (AAP file)

Italian Claudio Ranieri has stood down as coach of French Ligue 1 club Monaco.

The 62-year-old former Chelsea coach took charge at the Stade Louis II in May 2012, leading them to promotion back to the top flight last season, and had a year left to run on his contract.

Principality side Monaco finished runners-up to Paris Saint-Germain in Ligue 1 this season, qualifying them for the Champions League.

"I can confirm the departure of Claudio Ranieri. We have taken the decision to part ways," club vice-president Vadim Vasilyev said at a news conference on Tuesday.

"I would like to acknowledge the very good job that Ranieri has done."

Ranieri also previously coached Serie A clubs Inter Milan, Napoli, Fiorentina, Juventus, Roma and Parma and Spanish outfits Atletico Madrid and Valencia.


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