Watch Vitor Pereira's presentation live

The two sides on Wednesday reached an agreement on a two-year contract of more than one million euros.

FC Olympiacos will present on Thursday January 8 in the club’s headquarters new coach Vitor Pereira.

After Spanish Ernesto Valverde, Portuguese Leonardo Jardim and again Spanish Mitchell, another Portuguese became the new coach of Olympiacos, namely 46-year-old Vitor Pereira.

The two sides on Wednesday reached an agreement on a two-year contract of more than one million euros. It should be noted that on Tuesday, Olympiacos F.C. officially announced the termination of Michel’s contract at the club.

Watch the presentation of the Portuguese manager live below:

Born in Espinho, Pereira only played amateur football, and retired at the age of 29. In 2008 he started his coaching career with C.D. Santa Clara in division two, leading the Azores side to the third position in his first year and the fourth in the second.

In the summer of 2010, Pereira left Santa Clara to become assistant manager to André Villas-Boas at Porto. On 21 June 2011, following the head coach’s departure to Chelsea, he was promoted to first-team manager, winning his first official match – and title – against Vitória de Guimarães, for the season’s Portuguese Supercup.
Despite a less than stellar performance both in Europe and in the Portuguese Cup, Pereira lead the club to the league title in his first season in charge.

In late May 2013, Pereira was interviewed for the vacant job at Premier League club Everton, but eventually signed a two-year deal with Al-Ahli SC (Jeddah) of the Saudi Professional League.