“I’m fed up, I’m leaving,” Stoichkov told local media. “I agreed to start coaching without a contract and I had a great desire to help.
“I had the support of the players and my staff. We endured until it became clear there’s no chance of promises being fulfilled.”
Stoycho Mladenov, who last led the club to the title, will take over as coach, with a takeover imminent at the club.
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Chelsea have struggled to build momentum in the opening stages of the campaign and are currently looking over their shoulders at the relegation zone.
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