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ATHENS, Greece -- Norwegian Trond Sollied has been sacked as coach of Greek champions Olympiakos Piraeus.
The announcement was quickly followed by news that he would be replaced by Takis Lemonis, who quit his job at Xanthi last week.
Sollied's departure came as no surprise to the Greek media, who had been predicting the change over the last couple of weeks.
Sollied arrived at Olympiakos in July 2005 with high hopes of turning a team that consistently dominated domestically into a one that could challenge in Europe.
He duly delivered the domestic league and cup double in the 2005-06 season and Olympiakos are five points clear at the top of the Super League midway through the current championship.
However, his two Champions League campaigns have ended in failure with Olympiakos recording just one win, against an understrength Real Madrid, and finishing bottom of their group both times.
Lemonis is no stranger to Olympiakos having spent eight years there as a player and one previous spell as a coach which ended in 2002.
The 46-year-old's first game in charge will be against his former club Xanthi on January 7.
Sollied has failed to translate domestic success onto the European stage.