Roman Abramovich says Frank Lampard's status as a Chelsea icon "remains undiminished" despite his dismissal, and has thanked him for his work at Stamford Bridge over the last two years.
Lampard's 18-month reign in the Chelsea hot seat came to an end when he was sacked by the club on Monday morning.
The 42-year-old guided the Blues to a fourth-place finish last season despite being hampered by a transfer ban, but was unable to build on that platform in the first half of the 2020-21 campaign.
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Summer signings, such as Timo Werner and Kai Havertz, have struggled to adapt to their new surroundings, with Lampard ultimately unable to find the optimal system to bring the best out of a talent pool costing over £200 million (£273m).