Reports had already suggested Manuel Pellegrini will replace Mancini as coach before the FA Cup final on Saturday.
The Italian is now as good as gone pending the confirmation from the club about his departure.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.