AFP
Manchester: Manchester City sacked manager Roberto Mancini on Monday following his team's feeble defence of the Premier League title they won exactly one year ago.
Manchester United regained the title last month with four games to spare and City were then beaten 1-0 by Wigan Athletic in last Saturday's FA Cup final.
City had also failed to progress from the group stage of the Champions League for a second successive season despite boasting one of the most expensively assembled squads in the world.
"It is with regret that Manchester City Football Club announces that Roberto Mancini has been relieved of his duties as Manchester City Manager," the club said in a statement.
"Despite everyone's best efforts, the club has failed to achieve any of its stated targets this year, with the exception of qualification for next season's UEFA Champions League.
"This, combined with an identified need to develop a holistic approach to all aspects of football at the club, has meant that the decision has been taken to find a new manager for the 2013/14 season and beyond."
Media speculation has been rife that Malaga coach Manuel Pellegrini was being lined up as a replacement but the Chilean denied late on Sunday that he had spoken with City and said no agreement had been reached.
Assistant manager Brian Kidd will be in charge for City's remaining two games of the season and the post-season tour to the United States.
"This has been a difficult decision for the owner, Chairman and Board to make and it is the outcome of a planned end of season review process that has been brought forward in light of recent speculation and out of respect for Roberto and his extensive contributions to the Football Club," the statement said.
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