Switzerland are now into 14/1 to win Euro 2024.
It was hugely impressive display from a Switzerland side who were well marshalled by the excellent Manuel Akanji at the back.
But they also carried a threat going forward and Italy were simply outfought and outclassed.
(Odds will display when the market is available)
Full-Time - Switzerland 2-0 Italy
Its all over and Switzerland are into the last eight of Euro 2024.
What a performance from Murat Yakin's side as they eliminate the reigning champions Italy.
Switzerland will play England or Slovakia in Dusseldorf next Saturday!
90+1' - Switzerland 2-0 Italy
Switzerland are on the brink of reaching back-to-back European Championship quarter-finals.
It was France on penalties three years ago but it has been an absolute stroll against Italy this afternoon.
85' - Switzerland 2-0 Italy
Pellegrini has an audacious attempt from long-range but the ball sails harmlessly over the crossbar.
Five minutes plus injury time for Switzerland to negotiate.
82' - Switzerland 2-0 Italy
The last time Italy lost a Last 16 fixture at a major international tournament was at the 2002 World Cup
On that occasion, it was South Korea who went through courtesy of a golden goal in extra time.
Italy had the likes of Paolo Maldini, Christian Vieri, Gennaro Gattuso, Alessandro Del Piero and Francesco Totti in their starting line-up that night.
The current crop is a far cry from those big names.
Meanwhile, Zuber almost has a third from a tight angle for Switzerland.
77' - Switzerland 2-0 Italy
Dan Ndoye and Breel Embolo are replaced by Vincent Sierro and Kwadwo Duah, as Murat Yakin continues to shuffle his pack.
They have pressed superbly all game and more fresh legs should help them to continue in the same vein.
74' - Switzerland 2-0 Italy
Gianluca Scamacca has to score there!
The flag stayed down and his effort from close range rebounds off the post.
A timely reminder for Switzerland that they are not there yet despite all their good work so far.
71' - Switzerland 2-0 Italy
Fresh legs introduced for Switzerland as Vargas and Rieder are replaced by Zuber and Stergiou.
They still look very comfortable here and one thing is for sure, if England do make it through tomorrow, Switzerland will provide a very stern test.
Still 20 minutes to go for Italy to interrupt that conversation though.
69' Switzerland 2-0 Italy
The third goal in this game is absolutely crucial, who will get it?
Switzerland - 21/10 Italy - 2/1 No 3rd goal - 6/5
64' - Switzerland 2-0 Italy
Mateo Retegui is coming on for Nicolo Barella, who picked up a knock in the first half.
It does mean that Italy now have two up front as the Argentina born striker joins Scamacca through the middle.
As ineffective as Scamacca has been, the lack of service to him has been pretty alarming from an Italian perspective.
57' - Switzerland 2-0 Italy
Surely its only a matter of time before Spalletti makes further changes?
Italy look one dimensional up front and Scamacca just hasn't impacted the game.
Zaccagni has looked bright since coming on but Italy need more in the final third.
52' - Switzerland 2-0 Italy
Italy almost have an unlikely route back into the game as Schar almost turns the ball into his own net.
His heads an attempted clearance off his own post, when there seemed to be no pressure on him.
Meanwhile, the Italians are now out to 14/1 to qualify for the last eight.
46' - GOAL - Switzerland 2-0 Italy
Switzerland have one foot in the quarter-finals!
Within 30 seconds of the restart, Ruben Vargas curls a delightful effort past the despairing dive of Donnarumma and into the top left-hand corner.
A stunning goal and this is a big ask for Italy now.
Second Half - Switzerland 1-0 Italy
A huge 45 minutes coming up for Italy and Spalletti is making his first substitution.
Mattia Zaccagni, who scored the crucial 98th minute equaliser against Croatia, comes on for Stephan El Shaarawy.
Italy get us back underway in this Round of 16 tussle.
Italy are 11/4 to reach the quarter-finals and 8/1 to complete the turnaround within 90 minutes.
As for Switzerland, they need to start the second half as they finished the first, and they are 6/4 to score the next goal.
Half-Time - Switzerland 1-0 Italy
The half-time whistle goes and Switzerland go into the break with a 1-0 lead courtesy of Freuler's goal.
Murat Yakin's side have dominated the first 45 minutes and Italy look a shadow of the team that won the European Championship three years ago.
45+1' - Switzerland 1-0 Italy
Switzerland almost have a second on the stroke of half-time as Rieder's free-kick is kept out by Donnarumma.
Spalletti needs half-time and it would be a surprise not to see changes at the start of the second half.
42' - Switzerland 1-0 Italy
Switzerland will just want to make sure they don't do anything daft before the interval.
They have been patient in their play and when they needed a killer touch in the penalty area, Freuler duly delivered.
Italy have been atrocious so far and they are perhaps fortunate to only be one behind, given Switzerland's dominance.
37' - GOAL - Switzerland 1-0 Italy
Switzerland take a deserved lead in Berlin!
Vargas finds Freuler in the penalty area and the Nottingham Forest midfielder fires the ball past Donnarumma.
Its a 10th international goal for Freuler and the reigning champions are behind for the fourth game in a row at Euro 2024.
30' - Switzerland 0-0 Italy
The likes of England, France and Belgium all struggled at times during group stage, so Italy are not alone in that respect.
But they have been second best to Switzerland for the opening half hour here and put simply, this is not a great Italian team.
Sitting back and nicking something on the counter attack appears to be their approach to this game, and Switzerland look a level above.
26' - Switzerland 0-0 Italy
And now a chance at the other end!
Great trickery from Roma's Stephan El Shaarawy sees him find space in the penalty area, but Manuel Akanji is on hand to block the attempt.
Corner for Italy and thats more like it from both teams.
24' - Switzerland 0-0 Italy
What a chance for Switzerland!
Everyone seemed to be waiting for an offside flag as Embolo was played through, but Donnarumma made a smart one-on-one save.
He looked on-side from the replay and that is a huge let off for Italy.
22' - Switzerland 0-0 Italy
The game needs a moment of quality to bring it to life.
Neither goalkeeper has had a save to make so far, and we're currently 4/6 for there to be no goals in the first half.
17' - Switzerland 0-0 Italy
Much better from Italy as Fagioli's clever through ball earns his side a corner.
They have struggled to get out after being penned back for the early part of the game, but for all of Switzerland's possession, we're yet to have a clear sight of goal at either end.
11' - Switzerland 0-0 Italy
A great ball from Xhanit Xhaka finds Ndoye on the right side of the Italy area, but he fails to get a clean strike away.
Italy seem very content to sit back with everyone behind the ball, meaning that the fresh Italian front three are yet to see much of the ball.