Six matches into the season, Thomas Tuchel has been fired.
Graham Potter, who is out of work, is expected to be the subject of an approach by the Blues later on Wednesday and they are also interested in talking to the other two out of work managers.
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Boehly completed his takeover of the club three months ago. Boehly is still acting as sporting director despite the fact that he has been replaced by director Marina Granovskaia, chairman Bruce Buck and technical and performance advisor Petra Cech.
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The Blues spent a record amount of money to bring in five new players this summer, including Pierre-Emerick Aubameyang. Sky Sports News understands that this decision is not a reaction to Tuesday's loss to Dinamo Zagreb.
The new owners have had concerns for a while and have been looking at other options. They want to make a long-term appointment.
The Blues have 10 points in the league.
The club would like to thank Thomas and his staff for all they did for the club. Thomas will have a place in the history of the club after his time there.
"As the new ownership group reaches 100 days since taking over the club, and as it continues its hard work to take the club forward, the new owners think it's the right time to make this transition."
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As the club searches for a new head coach, the coaching staff will take charge of the team for training and the preparation of upcoming matches.
Tuchel said he was angry at himself for a huge under performance during the Dinamo Zagreb defeat, which was his 100th and final game in charge.
Sky sports' Nick Wright.
Thomas Tuchel said it was the same story. He looked like a man who didn't know what he was talking about. The decision-makers seemed to agree.
The defeat to Dinamo Zagreb, a side with only two wins from their previous 33 games in the European competition, was an embarrassment. The way in which it was done was more damaging than the result.
There was a repeat of the soft defending after the 2-1 loss toSouthampton. He said that he told them to play harder in the second half. The message was not heard.
It wasn't likely to be forgiven for such defensive under performance. The club invested a lot of money in these guys.
The other end of the pitch was more costly than the other side. His attack was strengthened in the summer. A lack of understanding and ruthlessness had only become more pronounced as a result of Tuesday's game.
It has to come back to the manager and the players. Tuchel did a good job at the club. His legacy will be a positive one, as a result of his success in the European Championship. There were some problems that he couldn't solve. The new owner is the same person as the previous one.
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The Blues splashed a record-breaking amount of money in the summer transfer window on a number of new players.
Questions were raised over some of the fees paid on incomings, with the only addition to have proven, sustained experience in the premier league being RaheemSterling. The price of sterling was less than that of prospects.
A convincing performance against Spurs last month earned three points, but the sides played out a 2-2 draw and the German received a touchline ban for his actions.
Jesse Marsch's men were defeated by a trio of teams, the last of which was a shock defeat at the hands of the Saints.
The Blues were third in all key statistics in the league last season, but are currently in the middle of the pack this time around.
The result in Zagreb proved to be the final blow for Tuchel's team, as they produced poor displays in a dire start to Europe's grand stage.
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