Leicester endured a mixed start to the season and the Swede paid with his job.
“I am disappointed to be leaving Leicester City Football Club. It was always my aim to lead the club into the Barclays Premier League and I am very sorry that I won’t be able to do that.
“I have always thought, and still believe now, that the club will be promoted this season. The current squad is capable and ready to achieve promotion, but football is a results industry and unfortunately we couldn’t quite get things right enough of the time.”
