At 73 years old, this marks Ranieri's third tenure with his hometown team, having previously managed the Giallorossi from 2009 to 2011 and again in 2019. He also began his professional playing career with Roma.
Juric was let go following a 3-2 defeat at home to Bologna, which left Roma in 12th place, just four points clear of the Serie A relegation zone. He had taken over from the well-liked Daniele De Rossi in September.
With this change, Ranieri becomes Roma's fourth coach this year, following De Rossi's brief stint after Jose Mourinho's departure in January.
Roma announced that at the end of the season, Claudio will transition into a senior executive position, serving as an advisor to the ownership on all sporting matters. The club will begin the search for a new head coach in the coming months, with Ranieri's input expected in that process.
This season has been tumultuous for Roma's American owners, Dan and Ryan Friedkin. Fans expressed their discontent after De Rossi's firing, leading to the resignation of CEO and general manager Lina Souloukou shortly thereafter, as supporters held her accountable for De Rossi's exit.
Ranieri previously helped Cagliari avoid relegation last season and had indicated that it would be his last coaching role, but he could not resist the opportunity to return to Roma.
He is widely recognized for his remarkable achievement in leading Leicester City to the English Premier League title in 2016. Ranieri's first challenge will be a tough match against Serie A leaders Napoli in ten days.