The former player has not impress the owners so far and according to them - this decision is very difficult to us.
However, recent results and performances have not met the Club’s expectations, leaving the Club mid-table without any clear path to sustained improvement.
We are grateful to Frank for what he has achieved in his time as Head Coach of the Club, the Club said.
According to what was posted in their official website, the owner of Chelsea, Roman Abramovich said, There can never be a good time to part ways with a club legend such as Frank, but after lengthy deliberation and consideration it was decided a change is needed now to give the Club time to improve performances and results this season.
"This was a very difficult decision for the Club, not least because I have an excellent personal relationship with Frank and I have the utmost respect for him.
"He is a man of great integrity and has the highest of work ethics. However, under current circumstances we believe it is best to change managers.
"On behalf of everyone at the Club, the Board and personally, I would like to thank Frank for his work as Head Coach and wish him every success in the future.
"He is an important icon of this great club and his status here remains undiminished. He will always be warmly welcomed back at Stamford Bridge."
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