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Semin was Lokomotiv's manager for almost two decades, but he left the post to manage Russi national team in the beginning of 2005.
Now he is back at the club as the president and Anatoly Byshovets was appointed as the manager on the eve of the New Year holidays.
Semin is now happy to be back and says he does not see a lot of changes.
"Lokomotov FC have always been a strong club as the Russian Railways are always behind us," told Semin to Sport Express.
"We have never had financial problems here and our budget is as impressive as it always was."
"From the other hand it's a bif responsibility to represent such a big empire and we need to get good results."
"At the moment the main aim is to start the preparations for the new season as we want the team to train having no problems at all."
"There will be some new faces in the club's management and staff."
"It is possible that Sergey Ovchinnikov will also work in Lokomotiv. He has done a lot for the club and we will find a job for him."
