Serie A champions Inter have decided to sack coach Roberto Mancini just ten days after he delivered the club's third consecutive Scudetto.
The 43-year-old met club President Massimo Moratti on Tuesday afternoon and today the Nerazzurri officially announced their decision.
"FC Internazionale have dismissed coach Roberto Mancini, in particular because of his declaration after the match between Inter and Liverpool on 11 March 2008," read a short statement on the club's official website.
That night, when his side were eliminated from the UEFA Champions League in the first knockout round, Mancini announced that he would leave Inter at the end of the season.
"I think that the next two and half months will be my last in charge of Inter," he said before reversing his decision following talks with Moratti.
The former Fiorentina and Lazio coach led Inter to three straight Serie A titles and four consecutive Coppa Italia finals, although they were defeated by Roma in the last two of those.
But Mancini could not obtain similar results in the Champions League, and Moratti's desire to win Europe's premier club competition is believed to be the reason why the owner has decided to make a change.
Earlier, the club issued a strong statement stressing that Mancini's meeting with Moratti was 'absolutely professional' contrary to what the media have been reporting.
"What has been written or reported does not correspond to the facts," the statement read. "In fact, the meeting was absolutely professional, done in a correct manner, and the coach never allowed himself to show a lack of respect towards president Massimo Moratti."
Former Chelsea manager Jose Mourinho has been tipped to replace Mancini, who is a contender to succeed Avram Grant at the English Premier League giants.