Barcelona announced the firing of head coach Ernesto Valverde and the hiring of Quique Setien as its new coach on Monday, just days removed from being eliminated in the Spanish Super Cup semifinals, once again blowing a late lead. Setien, who formerly coach Real Betis and Las Palmas, is under contract with Barcelona until the end of the 2021-22 season.

Valverde, 55, was in the midst of his third season at the club and leaves with two La Liga titles and a Copa del Rey crown to his name. He was unable to win a Champions League title, which was always a perennial objective for a big spending club the likes of Barcelona. His team hasn't been able to show consistency in the Champions League due to defense woes, and those problems were again evident on Thursday when Barcelona conceded two late goals to lose to Atletico Madrid, 3-2 in Saudi Arabia.