A statement published on the club’s official Twitter account thanked the Argentine for his efforts which brought the Riyadh-based club a domestic league and cup double in addition to a spot in the 2017 AFC Champions League final which they lost to Japan’s Urawa Red Diamonds.
Al Hilal find itself bottom of Group D in the continental competition after two matchdays, with a goalless home draw against Al Ain followed by the 1-0 reversal against Esteghlal on Tuesday leaving the team with one point.
The Argentine had been appointed as Al Hilal boss in October 2016, four months after resigning from his post as Paraguay national team coach.