While not as many as players to coaches transition, there are still quite a few examples of people who have made the switch from professional footballer to a director like role, Brazzo, Maldini, Monchi, Sammer etc. Their experience as footballers and mostly playing a chunk of their careers in one club helps I guess. None of them are formally educated in the field as far as I know. I do agree it's risky for him and the club. But worse case scenario he resigns and goes back to doing what he's doing now. People tend to forget very quickly in this field. Look at Neville, terrible manager, but making a good living as a pundit again. Same is going to happen with Nedved who will have a black mark against him for a bit for the current situation.