He leaves Leicester one point above the relegation zone with 13 matches left.
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Jamie Carragher is stunned Leicester have sacked Claudio Ranieri
And Carragher can't believe the shock decision.
"After last night [the Sevilla defeat], I cannot believe it," he told Sky Sports.
"I am devastated for Ranieri and questions need to be asked of those players and the board.
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Leicester have sacked Claudio Ranieri just nine months after he won the title
"If anyone has changed, it is the players and not the manager.
"Maybe it has gone to their head and they've got carried away. Last season was a freak, we all know Leicester's players aren't of that quality.
"There will never be a bigger story in football. He should have a statue for what he has achieved and now he has gone, they should start it in the morning."
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