Chelsea Manager Jose Mourinho has been sacked after the team's worst start to a season in the Premier League era.
The club had found itself plunging towards the relegation zone of the top flight, and currently sit at 16th place.
Now the real question is who will owner Roman Abramovich hire to take his place?
Betting shop Coral has already released its odds for the next manager, featuring predictable big names such as Bayern Munich boss Pep Guardiola and former Spurs boss Juande Ramos.
Could it be either Capello (left) or Guardiola? (right)
Juande Ramos 10/3
Former Spurs boss Ramos is currently a free agent after not renewing his contract with the Ukrainian football club Dnipro Dnipropetrovsk in May 2014 - making him one of the favorites for the Chelsea top job.
The 61-year-old Spaniard has previously managed Real Madrid and Sevilla FC, which he took to the the UEFA Cup title in 2006.
Pep Guardiola 5/1
Pep Guardiola - who is set to leave Bayern Munich at the end of the season - is also a top contender for a Premier League job.
Considered the best manager in the game, 44-year-old Spaniard Guardiola has previously taken Barcelona to the top, winning 14 trophies - including the Champions League.
Carlo Ancelotti 7/1
Italian Carlo Ancelotti, 56, is the only manager to have won the Champions League three times and reached four finals.
He has previous managerial experience at Chelsea - coaching the side from 2009 - 2011 - including winning the Premier League title.
Guus Hiddink 7/1
Dutchman Guus Hiddink has managed the Netherlands, Russia, South Korea and Australia.
Hiddink, 69, is expected to take over as caretaker manager of the London club, as he did previously in 2009, after the sacking of Brazilian Luiz Felipe Scolari.
He has also managed PSG, Real Madrid, Real Betis, Fenerbahçe, Valencia and Real Madrid.
Odds for him to be offered the full-time role currently stand at 7/1.
Diego Simeone 10/1
Argentine Diego Simeone has reportedly already been sounded out by Chelsea over the vacant position.
The 45-year-old Athletico Madrid boss has won many admirers since taking over at the La Liga club, steering them into the Champions League final against cross-town rival Real in 2014.
Fabio Capello 10/1
Former England manager Fabio Capello, 69, has been ranked at 10/1 by betting firm Coral. He was most recently the head coach of the Russian national team, where he had been since 2012.
He's never coached in the Premier League before, but has previous experience at Italian clubs Milan, Roma and Juventus. Before the England job he coached at Real Madrid for 2006-2007.
Brendan Rodgers 33/1
42-year-old Northern Irishman Brendan Rodgers is currently looking for work after being sacked by Liverpool.
Standing at 33/1 he is an outsider - but still a possible replacement for Mourinho. Before Liverpool, Rodgers won promotion into the Premier League with Swansea City. He has previously managed Watford and Reading and before that was on the books at Chelsea as reserve manager and youth manager.
David Moyes 33/1
The Glaswegian is also currently out of work after being sacked by Spanish club Real Sociedad.
Moyes, 52, had a long stint at Everton from 2002–2013 before an unsuccessful spell at Manchester United from 2013-2014.
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Chelsea released a statement today confirming the news:
Chelsea Football Club and Jose Mourinho have today parted company by mutual consent.
All at Chelsea thank Jose for his immense contribution since he returned as manager in the summer of 2013.
His three league titles, FA Cup, Community Shield and three League Cup wins over two spells make him the most successful manager in our 110-year history. But both Jose and the board agreed results have not been good enough this season and believe it is in the best interests of both parties to go our separate ways.
The club wishes to make clear Jose leaves us on good terms and will always remain a much-loved, respected and significant figure at Chelsea. His legacy at Stamford Bridge and in England has long been guaranteed and he will always be warmly welcomed back to Stamford Bridge.
The club’s focus is now on ensuring our talented squad reaches its potential.
There will be no further comment until a new appointment is made.