UPDATE 4-Soccer-Juventus confirm Deschamps departure

(Updates with official confirmation)

By Mark Meadows

MILAN, May 26 (Reuters) - Juventus coach Didier Deschamps has quit after just one season despite leading the fallen Italian giants back to the top flight, the club confirmed on Saturday.

Deschamps took charge of the team for the home win over Mantova amid intense speculation that he had resigned after a meeting with club officials late on Friday.

The club at first denied that the Frenchman had officially quit but his departure was confirmed following the 2-0 win, which assured Juventus of the Serie B championship.

"Juventus and Didier Deschamps announce that they have mutually cancelled their contract, which had brought satisfaction, joy and success to both sides," a club statement said.

"The coach and the club have realised that there was no longer a basis to continue the relationship with the same mutual satisfaction and have therefore decided to go their separate ways amicably."

Juventus were demoted from Serie A last year in Italy's match-fixing scandal but have made an immediate return under Deschamps despite a nine-point deduction.

Deschamps, who won the Champions League with Juve as a player in 1996, almost begged the club to make him coach last July when Fabio Capello quit for Real Madrid following their enforced relegation.