Fabio Capello leaves Russia job €43.3m richer
Russia head coach Fabio Capello has had his contract ended by mutual consent, the Russian Football Union (RFU) has announced.
The 69-year-old Italian took up the role in July 2012, shortly after his resignation as England boss, and led them to the World Cup finals last summer.
However, Russia failed to win a match in Brazil while their Euro 2016 qualifying campaign has also struggled to get off the ground, with the team lying third in Group G having picked up just two wins from six matches.
Capello's contract with the RFU was due to run until after the country had hosted the 2018 World Cup, but a decision has now been taken to end that agreement.
Capello, earned around £20.4m for his three years in charge and is reported to have been handed a £10.5m compensation pay-out.
A statement from the RFU read: "The Russian Football Union and head coach of the Russian national team, Fabio Capello, have reached an agreement to terminate his contract by mutual consent.
"The RFU sincerely thanks Fabio Capello for his work as head coach and wishes him every success in his future career. Capello, in turn, has thanked the RFU for its help and support throughout the years. He is also grateful to the players for working together and to the fans for their sincere support."
Reports in Russia suggest CSKA Moscow coach Leonid Slutsky has already been lined up as Capello's successor.