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By ESPN Staff

Fernando Santos announced as new Benfica coach

LISBON, May 20 (Reuters) - Benfica have appointed Portuguese Fernando Santos as their new coach, the Lisbon club announced at a news conference on Saturday.

The former Sporting, AEK Athens and Porto trainer, 51, will sign a two-year contract.

He replaces Dutchman Ronald Koeman who resigned earlier this month to join PSV Eindhoven after Benfica finished the season in third place in the Portuguese League, failing to secure an automatic Champions League spot.