The relegation-threatened club suspended Puel after a humiliating 5-0 home loss to Rennes on Dec. 5. The team has just two wins from 18 games this season.
The 60-year-old Puel and Saint-Etienne “mutually agreed” to end his tenure as coach and general manager, the club said Tuesday.
Pascal Dupraz, who helped Toulouse avoid relegation in 2017, was hired as his replacement. Dupraz’s coaching contract runs through the end of the season.
Puel, who has also coached in the English Premier League, joined 10-time French champion Saint-Etienne in October 2019.
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