After a brief stint as part-time coach of an amateur team in 1982, he commenced a full-time coaching career as player-manager of
SV Heidingsfeld from 1984 to 1986 and with
1. FC Schweinfurt 05 from 1986 to 1990, with which he achieved the then-amateur third division championship and promotion. From 1990 to 1992, he coached
Viktoria Aschaffenburg, also in the third division, where he won the championship in 1992. After this he was hired by
TSV 1860 Munich, a team that had been dwelling for some years in the third division. He took the club to the first division within two years and in 1997 qualified for the
UEFA Cup, where 1860 was ousted in the first round by Austrian team
Rapid Wien. In 2000, he led 1860 into the qualification for the
Champions League, where the team lost against
Leeds United with 2–1 and 1–0. In the ensuing UEFA Cup campaign, 1860 Munich was stopped by Italian club
AC Parma; after a respectable 2–2 draw away, 1860 Munich lost the home leg 2–0. During the season, a sweltering conflict with club president Karl-Heinz Wildmoser came to a head after the team lost the derby against
Bayern Munich 5–1, and Lorant was let go. Notable players during his tenure with 1860 were the German internationals
Thomas Häßler and
Martin Max, who played there from 1999 in the twilight of their careers. Max became top scorer of the Bundesliga twice in this phase. German international
Jens Jeremies was discovered at the club during Lorant's tenure. Foreign internationals were, amongst others,
Abédi Pelé from Ghana,
Harald Cerny from Austria,
Miroslav Stevic from Serbia, as well as Australians
Paul Agostino and
Ned Zelic.
Horst Heldt,
Olaf Bodden,
Manfred Schwabl and
Bernhard Trares were further players of note in this era. In the ensuing years, Lorant coached
SpVgg Unterhaching and
LR Ahlen in Germany,
Fenerbahçe,
Sivasspor,
Kayseri Erciyesspor and
Kasımpaşa in Turkey,
APOEL in Cyprus,
Saipa Teheran in Iran,
Incheon United in South Korea,
Liaoning Hongyun in China, and
DAC Dunajská Streda in Slovakia. Most of these engagements ended up being very short term and the clubs were often struggling to retain the class. With Apoel in Cyprus, where Lorant spent two months in 2005, he became runner-up in the championship; however, the club hoped that he would take them to the title. In March 2010, he was appointed sporting director of German fourth division club
Tennis Borussia Berlin; however, the club folded in May. In April 2015, Lorant was appointed manager of TSV Waging until the end of the season. In January 2017, he took charge of Austrian club ÖTSU Hallein. In April 2019, he took charge of Austrian fifth division club until the end of the season. ==Death==