The coach of Paris St-Germain is leaving after talks with the club.
It is believed that the former Spurs manager will not serve the last year of his contract with Paris Saint-Germain.
There are a number of people who are linked with taking over from Pochettino.
The Argentine was unable to lead them beyond the last 16 of the European competition.
With less than an hour remaining in their second leg, Paris Saint-Germain held a 2-0 aggregate lead.
The club's hierarchy felt that the first trophy of his managerial career was not enough for him given the squad he has.
The ex-Spurs manager was considered a potential replacement for Ole Gunnar Solskjaer at Manchester United before they appointed interim boss.
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