FIRST AIRED: February 24, 2017

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Transcript

00:00:00
>> A dramatic fall from grace, as Claudio Ranieri is sacked by Leicester City.>>
APPLAUSE
>> Just nine months after the football coach led the Foxes to their Premier League Championship. A hugely popular figure after leading the 5,000 to 1 outsiders to the title last season and stunning the sporting world.
00:00:19
Now told to leave after the team are just one point and one place above the relegation zone. Having lost their past five league matches. Reuters' Martin Herman is following the story.>> Everybody was astonished last night, when the news came out. We're literally talking, I think 300 days since they were celebrating one of the greatest achievements in English football really, winning the title.
00:00:41
So in that sense, it's a huge shock. But if you look at their form this season, the fact that they are heading towards the relegation zone if they don't find some results quickly. From a business point of view the owners are probably panicked and thought well we need to change something.
00:00:57
And the only thing we can do is get rid of the manager and hope that has an effect and keep us up.>> They're the only side in the top four English divisions without a league goal in 2017. The club said in a statement that Ranieri status as the most successful Leicester City manager of all time is without question.
00:01:12
That recent domestic results meant a change in leadership, while painful, is necessary.>> Ranieri will be fine. He's built up a lot of credit over the last year winning with Leicester. Winning the title with Leicester will, obviously, that's gonna sustain him for a long time. And there will be plenty of clubs queueing up to sign Ranieri, hoping that he can do a similar thing.
00:01:35
>> The sacking drawing criticism from soccer pundits. Former Liverpool Jamie Carragher called it an absolute joke. And the club's former striker, Gary Lineker, denouncing the move on Twitter as inexplicable, unforgivable. Former Manchester City manager Roberto Mancini is the bookmaker's favorite to replace him.