The Italian's first 12 months at Stamford Bridge saw him capture the Premier League title in 2016/17, but his second season was far less successful, despite leading the side to an FA Cup win.
The 48-year-old had a year remaining on his contract, but has left the Blues 55 days after lifting the FA Cup in his final match in charge.
It is now official, Chelsea have made a decision to "part ways" with Antonio Conte, who was a highly popular figure among the Chelsea fans, but simply could not get along with members of the board.
It's been one of the longest-running saga's of the summer, but Antonio Conte is finally set to officially leave Chelsea.
Maurizio Sarri has succeeded Antonio Conte as Chelsea manager on a three-year deal, the club announced on Saturday.
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There were also reports of friction with the players. Indeed, the likes of John Terry and Cesc Fabregas have already passed on their messages of goodwill for the 2017 Premier League victor.
Chelsea's usual policy is to pay a sacked manager for the duration of their contract and, with no real top-tier jobs available, Conte could receive a salary from the Blues while out of the game.
There is a strong argument that this is the most turbulent time of Abramovich's ownership.
Sarri has never won a major trophy in his 13-year professional coaching career, but Napoli mounted a historic Serie A title challenge against Juventus last season while earning praise for their thrilling style of play.
Chelsea have signed Italy midfielder Jorginho from Napoli after Manchester City pulled out of a £50m deal.