Ambitious Monaco promote technical director in management restructure
September 10, 2012 -- Updated 1525 GMT (2325 HKT)
In the summer Monaco signed Argentine youngster Lucas Ocampos (right) for a reported $19m from River Plate.
STORY HIGHLIGHTS
- French club Monaco promote Norwegian technical director Tor-Kristian Karlsen
- Karlsen takes up roles of chief executive officer and director general
- Ligue 2 club last won French league title in 2000
- Russian billionaire Dmitry Rybolovlev bought majority stake in Monaco in 2011
(CNN) -- AS Monaco have promoted their Norwegian technical director to chief executive as the Ligue 2 team announced a management restructure as part of their strategy to return the French club to former glories.
After buying a majority stake in the seven-time French champions in December 2011, billionaire Russian businessman Dmitry Rybolovlev has handed Tor-Kristian Karlsen, who before joining Monaco as technical director in March 2012 worked as a scout for Zenit St Petersburg, the dual role of CEO and director general.
The club won the last of their French league titles in 2000 and were Champions League runners-up in 2004, before they relegated to Ligue 2 in 2011.
PSG's push for football glory
Javier Pastore predicts PSG success
However, Rybolovlev, who according to Forbes has a net worth of $9 billion and is the 13th richest man in Russian, has ambitious plans to revive Monaco.
In the summer Monaco appointed experienced Italian manager Claudio Ranieri as their new coach and signing promising Argentine youngster Lucas Ocampos for a reported $19m from River Plate.
As well as establishing a reputation as a scout who was capable of identifying emerging global talent, Karlsen was briefly Norwegian club Frekrikstad's sporting director between September 2008 and January 2009.
"The management can now focus all its efforts on achieving sporting performance," Rybolovlev told the Monaco website.
"I am delighted to welcome Tor-Kristian Karlsen to his new position of Director General and CEO -- he has exactly the right qualities and experience to drive the future performance of ASM."
As part of the restructure, Dmitry Chechkin is to step down as vice-president, with that role to remain vacant.
Monaco are currently second in Ligue 2, a point behind Dijon.
Part of complete coverage on
Be part of CNN's coverage of European Champions League matches and join the social debate.
April 24, 2013 -- Updated 1434 GMT (2234 HKT)
Luis Suarez's biting of Branislav Ivanovic is the latest episode of moments of madness when soccer stars behave badly.
March 29, 2013 -- Updated 0938 GMT (1738 HKT)
Sunderland's partnership with the Nelson Mandela Foundation is part of its bid to woo the African market.
March 28, 2013 -- Updated 1558 GMT (2358 HKT)
Each year as many as 700 Cameroonian young footballers leave Africa in search of a professional career abroad.
May 6, 2013 -- Updated 1201 GMT (2001 HKT)
Referees across Europe are feeling the heat. Insulted, threatened, chased off the field, attacked, hospitalized and, tragically, killed.
March 6, 2013 -- Updated 1345 GMT (2145 HKT)
A red card for Manchester United's Nani during Tuesday's loss to Real Madrid sparks huge social media reaction.
February 26, 2013 -- Updated 1225 GMT (2025 HKT)
Footballers have a battery of physios, fitness trainers and doctors all striving to fine-tune their physique -- but are they missing a trick?
February 26, 2013 -- Updated 1424 GMT (2224 HKT)
No Englishman has won the EPL title in over 20 years, while a leading manager reveals that English coaches are now "not respected abroad."
February 21, 2013 -- Updated 1601 GMT (0001 HKT)
Hardcore Italian football "ultra" Federico is a Lazio supporter who happily admits directing monkey chants at black players.
March 5, 2013 -- Updated 1123 GMT (1923 HKT)
When Jupp Heynckes made his Bundesliga debut as a player in 1965, the name of Bayern Munich was a new one for the nascent German league.
February 19, 2013 -- Updated 1902 GMT (0302 HKT)
Football's world governing body FIFA has confirmed it will use goal-line technology at the 2014 World Cup in Brazil.
February 19, 2013 -- Updated 1403 GMT (2203 HKT)
Match-fixing has become a worldwide issue, with hundreds of matches under investigation -- but how do you actually fix a football game?
February 18, 2013 -- Updated 1700 GMT (0100 HKT)
U.S soccer star Robbie Rogers has "come out" as gay on the day he retired from the game, making the announcement on his blog.
February 11, 2013 -- Updated 2231 GMT (0631 HKT)
The wealth of owners like Chelsea's Roman Abramovich often fuels success, but for other clubs such backers prove a mixed blessing.
January 31, 2013 -- Updated 1740 GMT (0140 HKT)
Brand Beckham is moving from the "City of Angels" to the "City of Light" as the football icon signs a short-term deal and offers to give away his pay.
January 31, 2013 -- Updated 1247 GMT (2047 HKT)
Fireworks inside his own house, a car crash in his first week at Manchester City, that iconic t-shirt -- the EPL will miss Mario Balotelli.
January 30, 2013 -- Updated 1342 GMT (2142 HKT)
The Secret Footballer reveals the complex issues surrounding racism in the English Premier League.
January 30, 2013 -- Updated 1543 GMT (2343 HKT)
The death of 73 football fans in Port Said tragedy continues to haunt Egypt.
Today's five most popular stories
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|