The 39-year-old Portuguese has been linked with the managerial vacancy at fellow npower Championship club Leicester. The Foxes are seeking a successor to Nigel Pearson, who quit the club to join Hull.
A statement on Swansea's official club website read: "Swansea can confirm that Paulo Sousa has left the club by mutual consent. The club will make a further statement at 9.30am."
Source: PA
Source: PA