Former Juve CEO to be named PSG chief executive

Former Juventus CEO Jean-Claude Blanc is set to become the chief executive at French side Paris St Germain, the Ligue 1 club’s main shareholders said on Friday.

“Qatar Sports Investments announce their intention of naming Jean-Claude Blanc as the Paris St Germain chief executive,” QSI, who bought a 70 percent stake in PSG last June, said in a statement.

QSI said Blanc’s nomination was subject to a routine vote by the board on Oct. 21.

PSG spent over 80 million euros ($107.23 million) during the transfer window, including 42 million on Argentina’s Javier Pastore, and now lead the Ligue 1 standings.

Blanc, 48, resigned as Juventus CEO last May after helping the Serie A giants’ build a new 41,000 capacity stadium.