Montpellier president Louis Nicollin announced on Tuesday he will quit the club at the end of the 2014/15 Ligue 1 season.
The outspoken owner of Montpellier almost single-handedly dragged the south-eastern French club into Ligue 1, taking charge of the then-amateur outfit in 1974 and becoming the sole shareholder 15 years later.
In 1987, Montpellier returned to the French top tier and went on to the win the Coupe de France in 1990 and the Ligue 1 title in 2012.
Nicollin was crucial in rebuilding the club that almost went bankrupt in the 1970s but he revealed on Tuesday that the upcoming season will be his last in charge.
"I am stopping here, on the day that the club was founded 40 years ago," the 71-year-old told French radio station RTL.
"I will go and see the matches but I should never do too much this season."
While Nicollin has been a huge figure for Montpellier, the waste collection magnate has also been the centre of some of the most disrespectful and - at times - comical incidents in French football over the past few years.
Essentially, Nicollin has been a walking newspaper headline.
Amongst other things, Nicollin once used a homophobic slur to describe Auxerre's former captain Benoit Pedretti, claimed former AC Ajaccio coach Rolland Courbis earned promotion to Ligue 1 with "half-retarded players", and followed through on a pledge to dye his hair orange and blue when Montpellier were crowned French champions in 2012.
Just last week, Nicollin mocked former Montpellier midfielder Remy Cabella's decision to join Newcastle United.
"He wanted to go. I wasn't happy but I told him 'congratulations'," Nicollin said.
"In England, there is Arsenal, Manchester City, Manchester United, which are above Newcastle, but Newcastle is a club with a lot of French. He likes them, so great.
"Personally, I would not go to Newcastle. But hey, I'll see him when he plays against a club in London."
|Inzaghi finds positives in lacklustre display|
|Eredivisie Review: AZ move third, Propper fires Vitesse to victory|
|Chievo 0 Milan 0: Pressure back on Inzaghi|
|Bundesliga Review: Derby win for Dortmund superheroes, Leverkusen go fourth|
|Ligue 1 Review: Lyon loss leaves door open for PSG|
|Bueno nets perfect hat-trick in four-goal spree for Rayo|
|Carver impressed with Newcastle´s fighting spirit|
|Van Gaal explains Di Maria decision|
|Luis Enrique angered by Granada pitch|
|Sherwood confident of Villa survival|
|Referee East says ´no mistaken identity´ as Poyet pledges to look again|
|League One Review: Robertson and Johnson off to winning starts, Bristol City go eight clear|
|Bruce angered by missed decision|
|Berahino can be ´top class´ - Pulis|
|Grateful Gutierrez thanks ´special´ fans|
|Monk targets Swansea points record|
|Klopp´s ´perfect´ afternoon|
|Victory soured by Ireland injury, says Hughes|
|Championship Review: Middlesbrough´s opportunity missed as Derby are defeated|
|Koeman: I am realistic on Champions League|
|League Two Review: Burton beaten again, Hartlepool gain welcome lift|
|´Triple punishment´ rule could be scrapped|
|Scottish Premiership Review: Inverness slip up as strugglers prosper|
|Mancini wary of Fiorentina quality|
|Hearts attack hits double figures in Scotland|
|West Brom 1 Southampton 0: Berahino wins it, then limps off|
|Manchester United 2 Sunderland 0: Rooney at the double amid red card controversy|
|Newcastle United 1 Aston Villa 0: Cisse strike downs visitors|
|Stoke City 1 Hull City 0: Super sub Crouch secures win|
|Granada 1 Barcelona 3: Suarez inspires routine win|
|Burnley 0 Swansea City 1: Trippier own goal proves decisive|
|Borussia Dortmund 3 Schalke 0: Late show seals dominant derby win|
|Referee Dowd fails to make it through West Brom, Saints clash|
|Allardyce ´shocked´ after home loss|
|Pardew lauds Murray after ´mixed afternoon´ for striker|
|West Ham 1 Crystal Palace 3: Pardew enjoys more away-day success|
|Blanc: PSG prepared for confident Monaco|
|Ancelotti: Isco place is non-negotiable|
|Pellegrini out to end dismal record at Anfield|
|Roma v Juventus: Matri eyes glory in title tussle|
|Martinez wary of wounded Arsenal|
|A-League Review: Spectacular Sydney derby the highlight|
|Perez to testify in corruption case|
|Bentaleb determined to avoid European hangover|
|Liverpool cannot dwell on Europa exit, says Rodgers|
|Marquinhos welcomes Manchester United interest|
|Tottenham must be ´nearly perfect´ to beat Chelsea - Pochettino|
|Bielsa: I take responsibility|
|League Cup final ´most important´ for Mourinho|
|Rodgers unsure if European exit will be a blessing|
|Vitoria Guimaraes 1 Maritimo 0: Hosts end winless run|
|Guardiola satisfied with Cologne victory|
|Espanyol 1 Cordoba 0: Abraham goal secures the points|
|Marseille 2 Caen 3: Hosts throw lead away yet again|
|Bayern Munich 4 Cologne 1: Champions move 11 points clear|
|Dordrecht 2 Go Ahead Eagles 1: Klaiber leaves it late|
|Luis Enrique laments English ´campaign´ over Suarez|
|Atletico Madrid v Sevilla: Champions attempt to bounce back|
|De Gea dismisses ´lies´ about Van Gaal relationship|
|Monaco v Paris Saint-Germain: Jardim wants no Champions League distractions|
|Inter v Fiorentina: Both sides on a high after Europa League success|
|Real Madrid v Villarreal: Ancelotti´s side looking to keep chasing pack at bay|
|Arsenal v Everton: Hurting Wenger calls for immediate response|
|Hull and Panathinaikos among four clubs pay FFP fines|
|Liverpool v Manchester City: Champions eye long-awaited Anfield success|
|Lucas Moura out for at least four weeks|
|Chelsea v Tottenham: Mourinho´s men channel spirit of 2005|
|Loan move to Ipswich an easy decision for Wood|
|Qatar World Cup final no later than December 18 - Blatter|
|Martinez excited by Kiev draw|
|Dynamo face disciplinary hearing after crowd trouble|
|Hughes close on signing new Stoke deal|
|Parma game called off again|
|De Boer to stay at Ajax|
|Arnesen backs Vieira as potential future City director of football|
|Mourinho has no fears over Wembley referee|
|Van Persie absent for Sunderland clash|
|Mason hoping to relive 2008 at League Cup final|
|Fiorentina and Roma to meet in Europa League|
|Inter finalise Felipe swoop|
|Poyet delighted to have ´contagious´ Cattermole back|
|Melbourne City 3 Adelaide United 1: Baharudin triggers crucial comeback|
|Chelsea can cope with Matic absence - Terry|
|Mancini: I tried to take Guarin to Galatasaray|
|Wilshere undergoes ankle procedure|
|Bruce: Most Championship clubs would struggle with FFP|
|Henry would say yes to Arsenal job|
|Mignolet backs ´devastated´ Liverpool to regroup|
|Tiote looks set to miss the rest of the season|
|Copa Libertadores Review: Osvaldo scores for Boca, Internacional win|
|Alajuelense 5 DC United 2: Costa Ricans set for semis|
|Besiktas settled score with Liverpool - Cenk|
|Montella: Hard to keep Salah|
|Martinez salutes Everton´s qualification|
|Europa League games marred by crowd trouble|