The Old Lady Juventus have sacked Ciro Ferrara and appointed Alberto Zaccheroni in his place until the end of the season.
"Ciro Ferrara has been relieved of his position and former AC Milan and Inter Milan boss Zaccheroni has been appointed until June 2010," a club statement confirmed.
Juventus were dumped out of the Coppa Italia on Thursday night when Mario Balotelli scored a minute from time to give Inter Milan a 2-1 victory and it proved to be Ciro Ferrara's final game in charge of the Turin club.
Following the match Juventus president Jean-Claude Blanc said: "We are very disappointed, as we have failed at another of our objectives for the season."
Former Defender of Juventus Ciro Ferrara, 42, had been under pressure since Juve were knocked out of the Champions League before the winter break. Poor form in Serie A has seen the club plummet to sixth in the standings, four points behind Napoli, who hold the last Champions League qualifying spot in Serie A.
• The Italian media suggest Alberto Zaccheroni is just a 'ferryman' at the Stadio Olimpico Torino, brought in to steady the ship while they line up a long term solution, with the favourite being Liverpool manager Rafa Benitez.
It has been reported that a Juventus delegation flew to Merseyside this week to convince the Spaniard to leave Anfield in the summer and tempted Rafael Benitez with a contract worth £2.6 million a year, after tax.
Speaking at his Friday press conference, ahead of Liverpool's Premier League clash with Bolton Wanderers on Saturday, Benitez side-stepped the issue.
"I am not here to talk about speculation because people talk too much,'' said Benitez. "I am focused on preparing my team for the game against Bolton.
"I know they (Juventus) were interested, that is part of the game now in football, but I am not ready to talk too much because I don't want to lose my focus.
"When you are a manager and you have clubs asking you have to be proud because they are a top side in Europe but I am really happy here and want to do my job as best I can.''
Earlier in the week the Reds manager refused to comment on the rumours when he said: "Is being linked with the Old Lady flattering? I prefer to concentrate on the game."
Alberto Zaccheroni won a league title with AC Milan in 1999 after making a name for himself with his innovative tactics at Udinese. But Alberto Zaccheroni has not worked since 2007 after less than glorious spells at Lazio, Inter and Juventus's city rivals Torino.
