Coach Roberto Mancini relieved of his duties as manager of Manchester City

The club's defeat to Wigan in the FA Cup final proved the last straw for the City owners, who said in a statement that the Italian had failed to achieve any of the team's targets for the season.

The decision comes exactly one year to the day since Sergio Aguero's dramatic late goal saw Mancini's side clinch their first league title for 44 years, with Malaga coach Manuel Pellegrini expected to be unveiled as his replacement at the Etihad Stadium.

"It is with regret that Manchester City announce that Roberto Mancini has been relieved of his duties as manager," read a statement on the club's official website.

"This has been a difficult decision for the owner, chairman and board to make and it is the outcome of a planned end of season review process that has been brought forward in light of recent speculation and out of respect for Roberto and his extensive contributions to the club.