Eriksson quits Leicester
Former England manager Sven-Goran Eriksson has left his position as Leicester City manager by "mutual agreement", the Championship club confirmed in a statement on their website on Monday.
The 63-year-old had held talks with the club's Thai owners on Monday after Saturday's 3-0 home defeat to Millwall left them 13th in the table, albeit only two points outside the play-off places.
However, the Thailand-based owners Asia Football Investments are unhappy that after spending £10 million on new players during the close season -- a sizeable amount by Championship standards -- the results have not been better.
"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," read the club statement.
"First team coach Derek 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.
"Academy director Jon Rudkin and coach Mike Stowell will jointly assume the role of acting manager of the first team, with assistance from development coach Steve Beaglehole," the statement added.
"This will begin with training on Tuesday morning ahead of Saturday's npower Championship trip to West Ham United.
"The process of recruiting a new permanent manager will begin in the coming days."
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