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Monaco appoint new CEO

Publish on 23/02/2019 at 00h00 - S. WILLIS

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The changes continued afoot at AS Monaco on Friday as owner Dmitry Rybolovlev (pictured) named fellow Russian Oleg Petrov as the club's new CEO.

The appointment of Petrov, 55, comes a week after his compatriot Vadim Vasilyev left his role as vice-president at the Stade Louis II.

Petrov's arrival maintains a Russian link in the day-to-day running of the principality club, who have been owned by Rybolovlev for more than seven years.

"We have known each other for almost 20 years. Oleg has always excelled in all his roles. I am certain that he has all the qualities required to successfully manage the club," said Rybolovlev in a statement.

"After our recent difficulties, these changes should help ASM return to winning ways."

Petrov is an economics graduate who is fluent in five languages. His appointment should complete a turbulent period for the club, who reappointed Leonardo Jardim as coach last month for a second spell after Thierry Henry's short-lived reign. Monaco also signed eight new players in the January window as they aim to climb away from trouble at the foot of the Ligue 1 Conforama table.

"Together we will make every effort to help the club get back to the winning ways that it has enjoyed in recent years," Petrov said.