Italian coach Claudio Ranieri will leave Nantes at the end of the season, the Ligue 1 club said on Thursday.
President Waldemar Kita said: "The club and the coach have chose to separate by mutual agreement".
The 66-year-old's exit comes amid numerous reported bust-ups with the owner, who had publicly criticised his management style and team selections.
Ranieri indicated last month he would stay at the club for the 2018-19 campaign, but a run of seven league games without a win ended their hopes of European qualification.
Regardless of what looks like a acrimonious departure, the Nantes President, Kita, insisted the pair have been amicable throughout a current board assembly the place the choice was made and that it had nothing to do with the private points between them. We had a gathering with the sponsors, he thanked everybody, ' Kita stated.
Speaking during a public meeting related to the building of Nantes' planned new stadium, Kita told L'Equipe newspaper: "He has to be thanked for all the work he has done. There are regrets, but this is life and there is no anger".
Ranieri, who famously won the Premier League with Leicester in 2016, is one of the names being linked with the vacant manager's job at West Ham following the departure of David Moyes.