In one of the most unlikely success stories in sports history the Italian guided the club to its first league title, despite starting the season as 5000-1 outsider.
But the Foxes’ fairytale did not continue into this season, and with Leicester a point away from the drop zone — they could become the first defending champions since 1938 to be relegated — the club parted company with Ranieri Thursday.
The 65-year-old thanked Leicester’s fans for last season’s “amazing adventure” and his wife, agents and the club’s backroom staff.
“No one can ever take away what we together have achieved, and I hope you think about it and smile every day the way I always will,” he added.
“It was a time of wonderfulness and happiness that I will never forget. It’s been a pleasure and an honor to be a champion with all of you.”
Three weeks before his sacking, the club released a statement declaring its “unwavering support” for the former Chelsea manager.
But less than 24 hours after Wednesday’s 2-1 first leg Champions League defeat by Sevilla — the crucial away goal still gives the Foxes hope of reaching the quarterfinals — Ranieri was relieved of his duties.
In a statement, Leicester’s Thai owners said the club’s “long-term interests” had been put above “personal sentiment, no matter how strong that might be.”
The Foxes have won just five league games this season and were knocked out of the FA Cup on February 18.
They are the only side in the top four English divisions without a league goal in 2017.
“This has been the most difficult decision we have had to…