Al Ahly have sacked head coach Marcel Koller after the side failed to advance to the CAF Champions League final on Friday.
The Egyptian giants were eliminated by Mamelodi Sundowns in the second leg on Friday night via the away-goals rule.
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The club reportedly held meetings on Saturday to determine the way forward and have now released a statement confirming Koller's departure.
The Swiss tactician won the CAF Champions League twice while he also guided Al Ahly to two Egyptian Premier League titles.
Statement:
"Negotiations are ongoing with Koller to terminate the contract by mutual consent, in a manner befitting the club and its coach.
"Al-Ahly confirms its pride in what Koller has achieved, as he gave everything he could along with his assistant staff, who also deserve thanks."