Favre has been without a club since his sacking at Borussia Dortmund in December 2020.
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“I am very happy that Lucien Favre is joining us. He is an experienced coach who has been successful in the Bundesliga but also here in Nice,” said English billionaire and club owner Jim Ratcliffe.
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Favre had led Nice to third place in the 2016/17 season, after eighth place a year later, both sides parted ways. The previous Nice coach Galtier has been traded as a hot candidate for champions Paris St. Germain for weeks, where a replacement for Mauricio Pochettino is being sought.
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