Di Matteo had been walking a tightrope after a few poor results in the league.
Still, it is a remarkable turn of events given that di Matteo won the Champions League and FA Cup during his eight months in charge.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.