The club have had three coaches already this season, and they will now pursue a search for a fourth.
President Dimitar Borisov said that “we had no choice but to act after the negative results in the past weeks.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.