Manuel Preciado, aged 54, was appointed the new coach of second division side Villarreal yesterday.
The former Sporting Gijon coach was due to hold his first press conference tomorrow.
But the club said in a statement this morning: "The coach Manuel Preciado died overnight in Valencia as a result of a heart attack.
"The Cantabrian, who had been chosen by Villarreal to lead next season's project, was 54 years old.
"Villarreal want to express their deepest sorrow at the sad loss and want to offer their condolences to his family and all his relatives."
Villareal chose to appoint Preciado after being dramatically relegated from Spain's top flight on the last day of the season.
He was sacked by Sporting Gijon at the start of the year. Click to signup for FREE news updates, latest information and hottest gists everyday
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