Former England manager Sven Goran Eriksson has left his role at Leicester City following the club’s indifferent start to the season.
The Foxes are currently 13th in the Championship table, albeit just 5 points off the play off’s places, having spent in excess of 10 million during the summer transfer window.
A 3-0 loss to Millwall at the weekend was the final straw for the club’s owners, Asian Football Investments who decided to end the Swede’s one year spell in charge of the club.
A statement on the club’s official website, www.lcfc.com confirmed the department: “Leicester City Football Club has confirmed today that, by mutual agreement, Sven-Goran Eriksson has ceased to be the first team manager, with immediate effect”
“First team coach Dereck Fazackerley has also left the club.
“The club and its board of directors would like to thank Sven and Derek for the contribution they have made to Leicester City during their 13 months at King Power Stadium.”
The club also confirmed that Academy director Jon Rudkin and coach Mike Stowell will jointly assume the role of acting manager of the first team, and will be assisted by development coach Steve Beaglehole.
The search now begins for a new manager with Martin O’Neill, who spent 5 years in charge of the club, installed as the early favourite for the job with Mark Hughes and Alan Shearer also amongst the potential replacements.