Chelsea has fired manager Avram Grant, three days after the club's loss to Manchester United in the Champions League final,
The Israeli coach's position had been subject to speculation all season even though he guided the Blues to second place in the Premier League.
But Wednesday's defeat on penalty kicks to United in Moscow seems to have settled his fate.
Although Chelsea played arguably its most entertaining soccer of the season at Luzhniki Stadium, Chelsea terminated Grant's contract following two days of discussions and said it would now try to find a successor.
"Everybody at Chelsea FC would like to thank Avram for his contribution since taking over as manager last September," the club said in a statement.
"We will now be concentrating all our efforts on identifying a new manager for Chelsea and there will be no further comment until that appointment is made."
Speculation surrounded Grant's position ever since he succeeded the popular and charismatic Jose Mourinho in September.
Always seen as a temporary replacement due to his lack of topflight experience, the rumors continued even after he guided the club to within two points of United in the Premier League.
Frank Rijkaard, Sven-Goran Eriksson and, most recently, Brian Laudrup and Roberto Mancini have all been linked with the club as owner Roman Abramovich reportedly seeks a coach to bring the club titles and a more exciting style of play.
Despite losing just one more Premier League match after a defeat to United in his first game, Grant attracted criticism from fans and commentators.
It was said Grant should have been able to encourage more entertaining soccer from his squad of star players.
He was also criticised for losing February's League Cup final to Tottenham despite having a far more experienced, talented and highly paid team than his rival