"Chelsea FC can confirm that the club and Mauricio Pochettino have mutually agreed to part ways," Chelsea said in a statement.

"I don't know about the rumours about the review. My staff tomorrow are flying [on holiday]. Maybe tonight if [club bosses] decide another thing or tell us to stay, [otherwise] they'll go for a holiday."

Chelsea manager Mauricio Pochettino has revealed he feared the sack after an embarrassing 4-2 defeat against Wolves earlier this season.

Olivier Giroud confirmed on Monday that he will leave AC Milan at the end of the season to end his long career in Major League Soccer.

Mykhailo Mudryk also scored for Mauricio Pochettino's Chelsea, who are seventh in the table with two games remaining, fuellng their hopes in the race for a European spot next season

"Chelsea means a lot to me. I came here with the intention of only staying for a year and it ended up being four years. Not just for me but for my family, too," Silva said during a tearful goodbye speech.

"The referee is unbelievable and it's ridiculous. It is difficult to accept," Pochettino said.

Mauricio Pochettino said he and his struggling Chelsea players must use the final weeks of their dismal season to prove they deserve to stay at the club.

Pochettino's side slumped to an embarrassing 5-0 loss at Arsenal on Tuesday to heap renewed pressure on the beleaguered Chelsea boss.

Chelsea could be without top scorer Cole Palmer for Tuesday's clash away at Premier League leaders Arsenal with the forward struggling to recover from illness, manager Mauricio Pochettino said on Monday.

Pep Guardiola's side were second best for long periods of the semi-final, but Chelsea wasted a string of chances before Silva delivered the knockout blow six minutes from full-time.

“He [Palmer] was asking for two seasons to leave and I said stay. He said he wanted to leave. What could we do?” Goal.com quoted Guardiola.

Manchester City’s defence of the UEFA Champions League came to a heartbreaking end when they failed to put away a resilient Real Madrid, going down 4-3 on penalties, at the Etihad Stadium on Wednesday.

Chelsea forward Cole Palmer has emerged as a Player of the Year contender thanks to a dazzling campaign that left Manchester City boss Pep Guardiola to rue what might have been ahead of their reunion in Saturday's FA Cup semi-final.

"When we signed him (Palmer) he was a great talent," Chelsea boss Mauricio Pochettino said. "He is doing fantastic, he is doing really well and he has adapted himself."

"It's a shame," said Pochettino. "I was telling the players. We had a meeting with all the staff, I think we cannot behave in this way."

Chelsea face a huge challenge to avoid breaching Premier League sustainability rules after posting an £89.8 million ($112 million) loss for the 2022/23 season.

Chelsea, who beat Manchester United 4-3 at home on Thursday, opened the scoring at Bramall Lane through Thiago Silva but were pegged back when Jayden Bogle netted before halftime.

Chelsea manager Mauricio Pochettino wants to build a genuine connection with supporters by leading his young side to success rather than trying to win them over with pitchside gestures.

Cole Palmer scored twice deep into stoppage time to complete a hat-trick as Chelsea stunned Manchester United 4-3 on Thursday, all but ending their hopes of qualifying for next season's Champions League.