Chelsea have dropped to 11th in the Premier League - 12 points outside the top four - having spent more than £550m on new players this season.
Graham Potter has been sacked as head coach of Chelsea Football Club.
His sack came after suffering his 11th defeat in 31 games since replacing Thomas Tuchel at Standford Bridge on 8 September.
Graham Potter was appointed as Thomas Tuchel's replacement on September 8 on a five-year deal, but has left the club just seven months into that contract, after winning only seven of his 22 Premier League games in charge.
Chelsea have dropped to 11th in the Premier League - 12 points outside the top four - having spent more than £550m on new players this season.
The co-controlling owners, Boehly and Behdad Eghbali, said: “On behalf of everyone at the club, we want to thank Graham sincerely for his contribution to Chelsea. We have the highest degree of respect for Graham as a coach and as a person. He has always conducted himself with professionalism and integrity and we are all disappointed in this outcome.
“Along with our incredible fans, we will all be getting behind Bruno and the team as we focus on the rest of the season. We have 10 Premier League games remaining and a Champions League quarter-final ahead. We will put every effort and commitment into every one of those games so that we can end the season on a high.
“Graham has agreed to collaborate with the club to facilitate a smooth transition. In his time with the club, Graham has taken us to the quarter‑final of the Champions League, where we will face Real Madrid. Chelsea would like to thank Graham for all his efforts and contribution and wish him well for the future.”
Julian Nagelsmann, who was sacked a week ago as Bayern Munich boss, has been installed as the favourite to replace Potter.