Blanc replaces Carlo Ancelotti, who asked to leave the club after winning the title last season for Real Madrid.
Paris St Germain looked at a number of options, including Andre Villas Boas and Fabio Capello, before going for Blanc.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.