Ranieri, after all, had led little Leicester to the Premier League title two years earlier in one of the most improbable accomplishments in the game's history. Surely saving Fulham from relegation was not beyond someone Khan labeled an "extraordinary football man."
In the end, he barely lasted three months. Ranieri was fired on Thursday with Fulham in next-to-last place in the league, 10 points from safety with 10 games left. "Claudio's tenure at Fulham didn't produce the outcome we anticipated," Khan said in a long statement in which he described Ranieri as a "perfect gentleman" and "our friend."
It was an outcome that seemed inevitable, a day after chants of "You don't know what you're doing" rang out from Fulham's away supporters as Ranieri made second-half substitutions during the team's 2-0 loss at Southampton on Wednesday.
Later, a banner was unfurled that read: "Risk free? Are you watching Tony Khan?" He is the son of Shad Khan, and the club's vice chairman and director of football operations. When Ranieri took charge, Fulham was in last place and had five points from 12 matches. The current situation is almost as perilous. Having lost its last four league games, Fulham looks in no shape to arrest its slide and is likely to be back in the second-tier League Championship after only one season.
It all started so well for Ranieri, who won his first game — 3-2 at home against Southampton — and immediately charmed the Fulham fan base with his smile and positivity. His calls for togetherness were embraced and there were early signs that Ranieri could get the most out of striker Aleksandar Mitrovic, who scored two goals in that Southampton game, including the winner.
But Fulham has only won two of its 16 games since, and was embarrassingly eliminated from the FA Cup by third-tier club Oldham at home. The Oldham team had recently come off a 6-0 loss and was being managed by an interim coach.
In 16 Premier League games under Ranieri, Fulham earned 12 points and conceded an average of two goals a game — not much fewer than the team was letting in under Ranieri's predecessor, Slavisa Jokanovic. With 63 goals conceded in total, Fulham has by far the worst defensive record in the top flight.
Ranieri said he would continue to fight for another Premier League miracle — "Something could happen. You have to believe. You have to fight" — but he wasn't given the chance. Fulham's fans had lost faith in Ranieri. They were disillusioned by the perceived under-use of midfielders Tom Cairney and Ryan Sessegnon, while the defense remains too easy for opponents to pierce, no matter how many times the back four and defensive midfielders are changed.
Fulham has conceded at least twice in each of its last eight games, seven of which have been losses. The upcoming schedule makes grim reading for Fulham and caretaker manager Scott Parker, too. Next up is the visit of southwest London rival Chelsea on Sunday, and its three games after that are against Leicester — under a new manager in Brendan Rodgers — then first-place Liverpool and second-place Manchester City.
Getting fired by Fulham, the 14th club of his 31-year managerial career, possibly signals the end of Ranieri's time in English soccer. He will always be remembered as the man who delivered a fairytale at Leicester and gave teams hope that just about anything is possible.
He just couldn't deliver on expectations at Fulham. "Claudio leaves Fulham as our friend," Khan said, "and he will undoubtedly experience success again soon."
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Steve Douglas is at www.twitter.com/sdouglas80