Serie A: Massimiliano Allegri and Juventus split after poor Champions League performance

Coach Massimiliano Allegri will leave Juventus at the end of the season after a reported fall-out with the club's directors, the newly-crowned Serie A champions said in a surprise statement on Friday.

"Massimiliano Allegri will not be on the Juventus bench for the 2019/2020 season," Juve announced in a shocking development.

Allegri, 51, had rejected reports saying he was about to be dismissed last Saturday adding he had already been making plans for next year over the past six months.

Statement from the club: https://t.co/Z7Sex0OaSx pic.twitter.com/hysOWz8dJO

— JuventusFC (@juventusfcen) May 17, 2019

He held meetings with the club's hierarchy this the week during which a clear disagreement between the two parties emerged.

Italian newspaper Gazzetta dello Sport claimed they fell out over a variety of subjects including Allegri's desire for an increased salary and a differing vision of the side's future.

Juventus have already wrapped up their record eighth consecutive title, and Allegri's fifth in as many years and he lifted the Coppa Italia on four occasions since replacing Antonio Conte in 2014.

The club's former midfielder Conte along with France boss and ex-defender and coach Didier Deschamps, Champions League finalist Mauricio Pochettino of Tottenham and Lazio's Simone Inzaghi have been linked with taking over from Allegri in the Italian press in recent weeks.

Allegri's departure from the Allianz Stadium will alert a host of big European outfits and his name shot up the bookmakers' list of favourites to be the next permanent coach at Inter Milan and Chelsea.

Champions League pressure:

Despite signing Cristiano Ronaldo from Real Madrid last summer the Bianconeri failed to make it past the quarter-finals of the European football's top competition for the second successive season.

They were humiliated by modest-spending Ajax in the last eight in April despite a star-studded side including Ronaldo, Argentina's Paulo Dybala and France World Cup winner Blaise Matuidi.

Allegri guided Juve to two European finals losing to Barcelona in 2015 before being hammered by Real Madrid two years later.

The pressure to bring the much-desired trophy back to Turin for the first time since 1996 was also alleged to be part of the fall-out according to Gazzetta.

Wales midfielder Aaron Ramsey has already signed for the Italian club on a free transfer from Arsenal for next season.

Local press reported Allegri had been keen to sell the likes of Dybala, Brazil winger Douglas Costa and Portugal right-back Joao Cancelo in the upcoming summer transfer window.

Allegri and club president Andrea Agnelli will hold a press conference on Saturday at 14:00 local time (1200 GMT).