Barcelona have sacked Quique Setién as coach of the first team with a new manager set to be announced later.
“The new coach will be announced in the coming days as part of a wide-ranging restructuring of the first team,” Barca tweeted on Monday.
Setien was only appointed in January but has paid the price for Barca surrendering the La Liga title to Real Madrid and then being humiliated by Bayern Munich in the Champions League.
His exit was finalised during an emergency board meeting at Camp Nou, which lasted almost six hours and saw Koeman emerge as the favoured choice to take charge.
The club also announced next year’s presidential elections, scheduled for June, will be brought forward to March 15.
Angry supporters had hoped they would be held immediately but that possibility was ruled out, meaning under-fire president Josep Maria Bartomeu will continue.
“After analysing all the options, the Board considers that this (March 15) is the most viable date for holding these elections,” the statement continued.
“The Board understands that the immediate call for elections is not feasible considering the league will begin on the weekend of September 12 and due to the economic and social framework caused by the Covid-19 crisis.”
Setien’s successor will still be under pressure to deliver quickly given a new board next year could install their own coach, with Xavi Hernandez linking himself to rival presidential candidate Victor Font.
Koeman has been in charge of the Dutch national team since 2018 and is due to lead them at the postponed European Championship next year and the World Cup in 2022.