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Premiership club, Fulham have sacked Slavisa Jokanovic and replaced him with Claudio Ranieri who helped Leicester City secured their first ever Premier League title in 2016.
Jokanovic, who led the London club to promotion in May and was given £100 million to buy new players was dismissed after the club's poor performance which has seen them fallen to the bottom of the league with five points
On becoming the new coach for the club, Ranieri said: 'It is an honour to accept Mr. Khan's invitation and opportunity to lead Fulham, a fantastic club with tradition and history.
'The objective at Fulham should never be to merely survive in the Premier League. We must at all times be a difficult opponent and should expect to succeed. This Fulham squad has exceptional talent that is contrary to its position in the table.
'I know this team is very capable of better performances, which we will work on straight away as we prepare for Southampton at the Cottage,' 67-year-old Italian
Also speaking on the appointment of Ranieri and Jokanovic's dismissal, Fulham owner Shahid Khan said: 'I wasn't anticipating having to make this announcement related to Slavisa and wish the circumstances were such that I didn't have to, but our path this season has led me to make what I know is the correct decision, at the right time, for our players, the club and our supporters.
'Slavisa will always have my appreciation and respect for everything he did to return Fulham to top-flight football.
'I am hoping everyone in the Fulham Family shares my heartfelt sentiments for Slavisa and joins me in wishing him success and good fortune, wherever his next stop may be.
'Making a change without having the right answer or succession plan was not an option, so having someone of Claudio's calibre ready to accept our challenge was comforting but, most of all, essential.
'Claudio is risk-free and ready-made for the Premier League, and particularly so for what we need at this moment at Fulham.
'His recent body of work with Leicester City is literally legendary, and then you look at Claudio's experience with Chelsea and big clubs throughout Europe, and it's pretty evident we are welcoming an extraordinary football man at Fulham FC.'