PARIS • Laurent Blanc will likely leave Paris Saint-Germain this week, the manager's agent told French radio station Europe 1 on Monday.
"We're in discussions with PSG directors and (the terms of the severance package are) being done in an excellent atmosphere from both sides," Jean-Pierre Bernes said. "Simply put, there are rules that need to be respected to end a contract and PSG are respecting those."
Blanc signed a two-year contract extension in February, but is set to be replaced by Spaniard Unai Emery, who had quit Sevilla last week after guiding them to three straight Europa League titles.
Blanc won the domestic treble in each of his last two seasons with PSG, and clinched the French Ligue 1 crown in all of his four seasons in charge. However, it was his failure to progress past the Champions League quarter-finals that proved to be his undoing.
Qatari club owner Nasser Al Khelaifi hinted earlier this month that Blanc's time was up.
"The players, the coach, the management, we need turnover, a new cycle," he told Le Parisien.
Al Khelaifi was particularly unimpressed by PSG's limp loss to Manchester City in the Champions League quarter-finals this season.
"This elimination is the worst moment since I came to Paris," he said of that 3-2 aggregate defeat.
Before coaching the Paris side, Blanc led Bordeaux to the 2009 French title and coached France for two years, although they lost to Spain in the European Championship quarter-finals in 2012.
A week ago, Emery told Sevilla of his intention to terminate his contract with them. Spanish media claim he has received an offer from PSG that is too good to refuse.
Emery has a wealth of coaching experience, including stints with Valencia, Spartak Moscow and Almeria, although his only silverware has come with Sevilla.