Sven-Goran Eriksson has left his position as Leicester City manager by mutual consent following talks with club owners earlier this evening, the official site has confirmed.
First team coach Derek Fazackerly has also left the club, meaning that academy director Jon Rudkin and coach Mike Stowell will take charge ahead of Leicester's trip to West Ham United this Saturday.
The decision appears to be a reactionary one following Leicester's 3-0 home loss to Millwall at the weekend and the former England manager's departure has left the majority of Foxes supporters stunned. Eriksson joined the club in September 2010 with Leicester in the bottom three of the Championship following a torrid start to the season under former manager Paolo Sousa which saw the Foxes pick up five points in their opening nine games.
Despite an inconsistent start to the Championship campaign which saw the Foxes falling into the bottom half of the table, Leicester remain two points outside the playoffs, having lost just two of their last 10 league games.
While the club remains in a solid financial position with a strong core of excellent players, rumours are likely to circulate in the upcoming days over the future of the club and the vacant position.
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