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Valencia fire Ranieri

AFP, Madrid
Spanish giants Valencia sacked their Italian coach Claudio Ranieri after just seven months in charge following Thursday's UEFA Cup exit to Steaua Bucharest, leaving the former Chelsea boss feeling emotionally crushed.
Valencia won the trophy last season and were also crowned Spanish champions under Rafael Benitez, who promptly left for Liverpool, leaving an opening for Ranieri after he was dismissed by Chelsea.
But the club have struggled to make an impact in the title race -they stand fifth and are currently out of the Champions League places 19 points behind runaway leaders Barcelona and Ranieri apologised for his shortcomings.
"Firstly, I am sorry. I wanted not just to see out the three years on my contract but finish my career here - but things didn't work out," Ranieri told Valencia's website.
"I'll always be a Valencia fan," added Ranieri, the eighth top flight coach to lose his job in Spain this season.
Chairman Juan Soler said after a board meeting that Antonio Lopez, in charge of the
youth side and formerly right hand man to Benitez, would take charge of first team affairs with immediate effect.
"Valencia are going through a difficult period but we are doing our utmost to try and turn things around," Soler said, acknowledging that the loss to Bucharest on penalties was the last straw for a side boasting just ten wins in 23 league outings.
He thanked Ranieri "for his work, dedication and efforts" but
added that the decision was "down to results."
Valencia, who have a game in hand on their rivals, face third-placed Real Betis at home on Sunday.
For the 53-year-old Ranieri,
meanwhile, it is back to the coach drawing board.
The former AS Roma player was unceremoniously given the chop at Stamford Bridge a year into Russian billionaire Roman Abramovich's "Chelski" revolution after only managing runnersup spot in the English Premiership.
He began his coaching career at modest Campania before moving to Cagliari before leading Fiorentina to a 1996 Italian Cup after a spell at Napoli.
A 1998 Spanish Cup followed, as did Champions League qualification in a first spell at Valencia before a less successful time at Atletico Madrid.
But Chelsea were impressed enough to take Ranieri to replace compatriot Gianluca Vialli Stamford Bridge where he earned the name "tinkerman" for chopping and changing his squad with weekly regularity, while provoking early hilarity for his less than solid grasp of English.
A Champions League semifinal loss to Monaco sealed his fate in London after an outlay of some 200 million euros (240 million dollars) failed to produce silverware.
But when Benitez jumped ship to Anfield, after falling out with the board, Valencia soon came calling second time round.