The former Chelsea and Newcastle boss lasted just five months in charge before he was relieved of his duties, with the club third from bottom in the Russian top flight.

Chechen leader Kadyrov, who is also the Terek Grozny president, had complained before Gullit's departure that the 48-year-old had been more concerned with "thinking about bars and discos" than leading the team.

But in a statement released by the LMA today, Gullit has denied speculation that those concerns had caused him to be fired from the post.

"The club have confirmed that recent results were the sole reason for this decision," the former European Footballer of the Year said in the LMA statement.

"Any other suggestions about my departure in the media are totally incorrect.

"The matter is entirely amicable, the club have acknowledged that we will remain friends and we wish each other all the very best in the future.

"I would like to take this opportunity to thank the president of club, Terek Grozny and Chechen leader Ramzan Kadyrov, the fans and all of the Chechen people."

Gullit has, however, begun proceedings to recoup money he believes he is owed following the early termination of his contract.

"I have appointed the LMA and their legal team to sort out the sums now due to me on the balance of my contract," he added.

"They have already been of significant help to me in progressing this with the club and matters are due to be completed shortly.

"I can't wait to get back into another suitable football role as soon as possible."