Leicester City have terminated manager Martí Cifuentes' contract after just 29 games in charge, marking a premature end to the Spaniard's reign at King Power Stadium.

The 43-year-old tactician, who signed a three-year deal last July, departs with Leicester languishing in 14th position in the Sky Bet Championship. His final match ended in a 2-1 defeat to Oxford United on Saturday.

Struggling Foxes Make Change

Cifuentes managed only 10 victories during his brief tenure, leaving the 2016 Premier League champions six points adrift of playoff positions. First-team coach Andy King will assume temporary control while the club searches for a permanent successor.

The former QPR boss had joined Leicester under unusual circumstances, forfeiting part of his wages and signing bonus to facilitate a £500,000 compensation payment to his former club. This arrangement effectively reduced his personal earnings to secure the move.

Financial Pressures Mount

Leicester's decision comes amid financial constraints and potential Profitability and Sustainability Rules (PSR) violations that could lead to points deductions. Chairman Aiyawatt Srivaddhanaprabha acknowledged the difficulty of the decision in an official statement:

"Martí showed total commitment during his time here, but we must act in the club's best interests. He leaves with our gratitude and best wishes."

 

Cifuentes' dismissal continues Leicester's turbulent period since their Premier League relegation under previous manager Ruud van Nistelrooy. The club now seeks stability as they aim to return to English football's top flight.

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