O’Neil, 43, came in to replace Liam Rosenior, who joined sister club Chelsea in January, but decided to jump ship and become Ipswich boss just six months later.
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After weeks of searching, Strasbourg have now confirmed Oliveira, 47, as their new head coach as we approach the 2026-27 season.
Oliveira had spent all of his short managerial career with Portuguese side Famalicao before making the move, guiding them to a fifth-place finish in 2025-26.
Speaking to Strasbourg’s website, Oliveira said: “It’s an honor to be here in Strasbourg and to join such a wonderful project, where history and ambition are perfectly intertwined.
“I want to bring excitement, create lasting memories, and give my all to help the club continue to grow. Let’s go!”