Graham Potter has left Chelsea Football Club, according to the club's announcement, which also notes that the coach has agreed to work with the organization to ensure a smooth transition.
In a statement released by the club on Sunday, it was also revealed that Bruno Saltor would take over as the team's interim head coach.
Chelsea has advanced to the Champions League quarterfinals under Potter's leadership, where they will take on Real Madrid.
But after falling to Aston Villa 2-0 at home on Saturday, the Blues' chances of advancing to the next season's European competition are now even slimmer.
According to a statement from the team, "Chelsea would like to thank Graham for all his efforts and contribution and wish him well for the future."
According to a reported statement from the club's co-controlling owners Todd Boehly and Behdad Eghbali, "We want to thank Graham sincerely for his commitment to Chelsea on behalf of everyone at the club. Graham is a coach and a person for whom we have the utmost regard. We are all disappointed in the result because he has always acted with professionalism and integrity.
"As we concentrate on the remainder of the season, we will all be supporting Bruno and the squad, along with our incredible fans. There are still 10 Premier League games to play, and the Champions League quarterfinal is coming up. To finish the season on a high note, we will give each of those contests everything we have."