Jean-Philippe Mateta’s last-gasp winner for Crystal Palace on Saturday saw Leicester dragged into the relegation zone as they suffered their fifth defeat in six matches.
We understands talks between Leicester bosses and Rodgers took place on Sunday morning when it was agreed it was best for all parties that he leave his role with immediate effect.
A club statement read: “Leicester City Football Club has reached a mutual agreement with Brendan Rodgers that will see him leave the Club after four years as our Men’s first Team Manager.
“Brendan departs King Power Stadium as one of the most successful managers in the Club’s history, having guided us to our long-awaited first FA Cup triumph in 2021, the FA Community Shield in the same year, two of the Club’s three highest Premier League finishes and consecutive European campaigns, including our first European semi-final in 2022.
“First-team coaches Adam Sadler and Mike Stowell will take “immediate responsibility” for managing the team, who play Aston Villa on Tuesday.