MADRID (Reuters) -- Real Sociedad have appointed Philippe Montanier to be their coach for the next two seasons after agreeing a compensation package with French club Valenciennes, the Spanish side said in a statement.

The 46-year-old Frenchman replaces Uruguayan Martin Lasarte who led them to promotion to La Liga in 2010 and then a 15th-placed finish last month.

Montanier, a former goalkeeper, guided Boulogne to promotion to Ligue 1 for the first time in 2009, and led modest Valenciennes to tenth in the league the following season.

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.