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By ESPN Staff

PSG to part company with coach Le Guen

Former Rangers manager Paul Le Guen will leave his post as coach of Paris St Germain at the end of the season, the French club have announced.

PSG released a statement on Monday afternoon saying they would not be renewing Le Guen's contract, which runs out at the end of the season.

Le Guen's final game in charge of the capital club will be on May 30 when Monaco visit the Parc des Princes in Ligue 1.

The club statement read: ''Paris St Germain announce today the club's decision not to renew, after three years of collaboration, the contract of its coach Paul Le Guen, which comes to an end on June 30, 2009.

''The name of his successor will be made public in the next few weeks. Paul Le Guen will continue in his role until the end of his contract.''

The French press have been speculating on Le Guen's departure since his meeting on Sunday with PSG president Sebastien Bazin, which came after a 1-0 defeat to Rennes.

French daily L'Equipe claimed Le Guen was told during those talks that he would have no say in the choices made regarding the club's future structure or their next assistant coach, and that he would have reduced funds to spend on transfers for next season.

With the former Rangers and Lyon manager unwilling to give in to these demands, according to L'Equipe, a split was always on the cards.

The statement continued: ''This decision has been made at this stage in the season because Paris St Germain are starting their preparations for next season. Paris St Germain would like to salute the dedication of Paul Le Guen and his work as coach for almost three years.

''Paul Le Guen has been able to steer the ship in difficult periods and give Paris St Germain back some ambition that allows them to figure today among the leading French clubs. This ambition will stay intact for the rest of the season and the seasons to come.''

PSG are currently fourth in Ligue 1, a point behind third-placed Lyon with four rounds of fixtures remaining.

Former France midfielder Le Guen joined PSG, the club he played for between 1991-98, as coach in January 2007, replacing Guy Lacombe.

He helped them avoid the drop that season and was also involved in a relegation battle last term, with PSG only escaping on the final weekend.

This season has been a different story altogether. Bolstered by the summer signings of Claude Makelele, Ludovic Giuly, Stephane Sessegnon and Guillaume Hoarau, the capital club have been able to launch a tilt at the title.

They have dropped off the pace over the last few weeks but are still in with a very good chance of qualifying for the Champions League.

Antoine Kombouare, the current coach of Valenciennes and former PSG player, has been spoken about as a possible replacement for Le Guen.

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