Roma have named youth coach Vincenzo Montella as their new manager, 24 hours after Claudio Ranieri resigned.
The Serie A club announced they had accepted the resignation of Ranieri this morning, and appointed former Italy striker Montella in his place.
Ranieri handed in his resignation last night after his side squandered a 3-0 lead to lose 4-3 at Genoa – their fourth straight defeat in all competitions.
The club issued a statement confirming they had parted company with the 59 year-old.
Roma said in a statement: “AS Roma announces it received yesterday evening the resignation of Mr Claudio Ranieri as coach of the first team.
“Following this move, the financial contract with Ranieri, whose deal was coming to an end on June 30, 2011, has ended by mutual consent.
“Roma wishes to thank Claudio Ranieri for the professionalism shown and the work done.”
Ranieri was seen as a saviour by Roma fans after replacing Luciano Spalletti in Sept 2009.
Roma finished runners-up in both Serie A and the Coppa Italia to Inter Milan last season.