Top European Soccer Club Is to Be Led by Former Potash King
- AS Monaco will name Oleg Petrov as CEO, people familar say
- Russian owner Rybolovlev is shaking up the team’s management
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The AS Monaco football club is set to hand over the reins to a Russian industrialist with plenty of experience in digging up minerals but none in extracting victories in top-flight European soccer.
Oleg Petrov will be appointed as Monaco’s chief executive officer as its Russian billionaire owner, Dmitry Rybolovlev, shakes up the team’s management following poor results, people with knowledge of the matter said. While Petrov hasn’t worked in soccer management before, he used to be sales chief at Uralkali PJSC, the potash market leader once owned by Rybolovlev.