The 48-year-old Italian, who returned to pre-season training this week, had one year remaining on his contract.
Conte led Chelsea to the Premier League title in his first season in England in 2016-17 and followed up that achievement with the FA Cup triumph this year, but his relationship with the board became damaged beyond fix, highlighted by his repeated public and private complaints about transfer policy.
That is all about to change though with the Italian heading to London to sign a deal to replace Antonio Conte at Stamford Bridge but to many on these shores, the former Napoli boss remains something of a mystery.
Media reports said Conte's departure would take to 85 million pounds the amount Chelsea has spent on paying off sacked managers - nearly the record fee Manchester United paid in 2016 for France midfielder Paul Pogba.
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Today, Jorginho is on the verge of joining Chelsea...
Chelsea have finally announced that Antonio Conte has left the club after months of speculation surrounding his future.
In 61 words, the club confirmed the dismissal of the manager who delivered them the Premier League title in his debut season and the FA Cup less than two months ago.
The club also recorded the second-highest points tally in a Premier League season.
Chelsea seeks a 13th permanent manager under Abramovich's ownership, and at possibly the most turbulent period of the Russian billionaire's trophy-filled reign.
Chelsea officially confirm Antonio Conte departure
This was finally confirmed on Friday via a statement released by the Blues, who wished Conte success in the future. Out the door: Antonio Conte holds the trophy after Chelsea won the FA Cup final against Manchester United in May.
Hazard has been on Real Madrid's radar for a while, and with Cristiano Ronaldo gone, you would expect them to make a move for the Belgian in the coming days.
Antonio Conte: Premier League 16-17, FA Cup 2017-18.
While no official announcement has been made from either Chelsea or Napoli, Chelsea's Cesc Fabregas took to Twitter yesterday afternoon to pay his respects toward Conte.
He was in charge of the Italian national team before taking over at the Bridge in 2016.
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