The football club in November appointed the Italian manager after sacking Slavisa Jokanovic.
Since he took over as manager, Ranieri has only managed to win three out of 16 league games.
However, the club named Scott Parker as Caretaker Manager, to replace Claudio Ranieri.
Fulham Football Club Chairman Shahid Khan today named Scott Parker as Caretaker Manager, replacing Claudio Ranieri.
— Fulham Football Club (@FulhamFC) February 28, 2019