The Portuguese is now free to join Chelsea in the Premier League after Madrid tired of his antics.
Mourinho has presided over a disastrous campaign, alienating members of the playing squad and the media with his egotistical and abrasive style.
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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.