Not so fast, there, Chris Coleman.

Greek club Larissa claims Coleman, who resigned from Larissa earlier in January and on Thursday was named as coach of the Wales national team, is still under contract. He took over at second division Larissa in May 2011 on a one-year deal but left Jan. 8, citing personal reasons and the club’s financial problems as the reasons for his departure.

In a statement, Larissa said Coleman, 41, had not signed a contract termination agreement. As Fulham manager from 2003 to 2007 he brought Brian McBride, Carlos Bocanegra and Clint Dempsey to the Premier League club, and after leaving the Cottagers coached Real Sociedad and Coventry City before taking the Larissa job.

“We have started legal proceedings in order to claim compensation from the Welsh FA,”  said a Larissa spokesman. “We are also prepared to take the matter to FIFA.”

Coleman was named to replace Gary Speed, who was found in his apartment dead from an apparent suicide in November. Coleman, a native of Swansea, played 32 times for Wales before a knee injury ended his playing career in 2002.