Liverpool have sacked manager Brendan Rodgers.
The Reds played out a 1-1 draw away at Everton earlier today, but the pressure had been piling up on the Northern Irishman following a spend of a third of a billion pounds since he took over and only one top four finish and no trophies to show for a three-year spell.
In a joint statement, Liverpool's American owners, Fenway Sports Group, said: "We would like to place on record our sincere thanks to Brendan Rodgers for the significant contribution he has made to the club and express our gratitude for his hard work and commitment.
"All of us have experienced some wonderful moments with Brendan as manager and we are confident he will enjoy a long career in the game.
"Although this has been a difficult decision, we believe it provides us with the best opportunity for success on the pitch", FSG added, while then explaining that they are desperate to achieve success with Liverpool and feel that they must make a managerial change to do so.
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"Ambition and winning are at the heart of what we want to bring to Liverpool and we believe this change gives us the best opportunity to deliver it."
Liverpool have confirmed that the search for a new manager is now under way and the club have breathing space with the international break kicking in before they play their next match.
"The search for a new manager is under way and we hope to make an appointment in a decisive and timely manner."
It remains to be seen to whom Liverpool to turn to in order to restore the club to the top four.
