The club can confirm that it has parted company with manager Uwe Rosler, with immediate effect.
The announcement comes following a disappointing set of results, culminating in last Friday’s defeat against Bolton Wanderers.
Club Chairman Dave Whelan said that the current situation, with the team 22nd in the Sky Bet Championship table, left him with a very difficult decision to make, but that, reluctantly, he has now decided it is time for a managerial change.
“I have thought long and hard about this,” said Mr Whelan. “I have thought about little else for days in fact. Initially my thoughts were that Uwe should be given more time. He is a good manager and I like him immensely as a person, he is honest, passionate and clearly works day and night to try and earn success for the team.
“Following the incredible achievements of last season, I felt it was the right thing to do that he should be given more time. However, the situation we find ourselves in at the moment, and the run of results in recent months, really has been alarming. Something is clearly not working. For whatever reason, the team is not gelling, despite substantial financial backing in the summer and the dressing room being blessed with a huge amount of quality.
“Therefore, I have now come to the reluctant conclusion that for the long term good of the club, we need a change.
“Uwe is a good man and a good manager and he will bounce back, I am sure of that. We thank him for his efforts with us, I could not have wished to appoint a more committed and hard-working manager and we sincerely wish him all the best in his future career.
“But now the search begins immediately for a replacement.”
The club can confirm that Assistant Manager Graham Barrow will take temporary charge of first team affairs in the build up to the next game, against Middlesbrough on Saturday 22 November, assisted by first team coach Eric Black.