Belloli became the subject of an Italian football federation (FIGC) inquest last week following the comments, which were reported to management at the FIGC.
The FIGC held a meeting in Rome yesterday and Belloli, according to a website report on La Gazzetta dello Sport, was "voted out" of his post.
Belloli's comments, made on March 5, came to light last week in a report on, which had obtained a trancript of the meeting.
He is reported to have said during a meeting on women's football: "That's enough, we can't keep on talking about giving money to these four lesbians."
Belloli denied he had made the comments but FIGC president Carlo Tavecchio immediately underlined the threat to Belloli's position.

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