Paris Saint-Germain says it has parted company with coach Laurent Blanc.

PSG says talks led to an agreement, signed Monday, that "preserves the interests" of both Blanc and the club.

The team says assistant coach Jean-Louis Gasset and physical trainer Philippe Lambert also are leaving.

A former World Cup winner as a player with France, Blanc coached PSG for three French League-winning seasons but failed to lead PSG beyond the quarterfinals of the Champions League.