According to Sky Sports, a club statement read, "This season's performances have fallen short of expectations and the club feels the time is right to make this change ahead of next season's preparations."
This news comes as a massive surprise to the footballing world, considering the pedigree of the former AC Milan boss.
It has always been my opinion that managers weren't to blame for lack of success, primarily because they'd do everything in their power to keep their jobs—Chelsea club owner Roman Abramovich clearly doesn't think so.
If anything, Chelsea's problems this season have been due to club policy. Namely:
1. The overuse of older players.
2. The lack of adequate back up players in the squad.
3. The non-existence of a viable reserves system.
4. The club's trigger-happy owner.
Quite clearly, a pattern is forming wherein the players are not being held accountable for their performances, but instead, world-class managers are being fired willy-nilly.
The club's owner is clearly being over-exuberant. His vision—as with all visions that try to be achieved in the way he has gone about his—will take a much longer time to be realized than he envisaged.
According to Sky Sports, the club's released statement continued, "Chelsea's long-term football objectives and ambitions remain unchanged and we will now be concentrating all our efforts on identifying a new manager."
I think that praise for the dignified manner in which Carlo Ancelotti has carried himself—despite having the terrible Stamford Bridge environment for a workplace—is the least anyone could give.