Charlton have sacked Chris Powell after a weekend which saw them knocked out of the FA Cup and slip to the bottom of the Championship.
The London club dropped to the foot of the second tier over the weekend courtesy of Barnsley's win over Nottigham Forest, and were knocked out of the Cup by League One's Sheffield United at Bramall Lane.
Former Standard Liege boss Jose Riga, currently working within Milan's youth set-up, has been widely tipped to replace the former England left-back, who had been in charge at The Valley since January 2011.
Riga is already well-known by the Charlton hierarchy, with club owner Roland Duchatelet also owning the Jupiler League side.
Duchatelet told the club's official website that talks over a new contract with Powell had broken down, leading to his departure, and that a replacement would be appointed quickly.
"We have been working with Chris Powell and his representatives for a couple of weeks to try and agree a contract extension which would have seen us continue to work together," he said.
"There was good progress, but we could not reach an agreement over the club's football strategy going forward. The situation put a strain on the working relationship between Chris and the board.
"Therefore I think it is best for all parties that we part ways at this stage.
"I would like to thank Chris for his commitment and hard work over the past three years. The club enjoyed a number of good times under his leadership.
"However, given the club's position in the league and the number of important fixtures upcoming, I felt this difficult decision was unavoidable at this time. We will look to quickly appoint a replacement who we feel will give us the best chance of avoiding relegation from the Championship."
A run of five defeats from their last six league games has seen Charlton drop to a perilous position in the Championship, and they are currently four points from safety - however their FA Cup run sees them hold four games in hand over some near rivals.
Powell's replacement, temporary or permanent, is yet to be named though, ahead of Wednesday's league clash with Huddersfield Town.
The former Charlton player's stint in charge was highlighted by their League One title in the 2011-12 season.
|Verdi wants Bologna stay amid Napoli links|
|Ronaldinho retires – A shining light of Brazil´s 2002 World Cup-winning team|
|Ronaldinho retires – a World Cup and Ballon d´Or among Brazil great´s prizes|
|World Cup glory and Bernabeu magic - Ronaldinho´s best moments for Barca and Brazil|
|Ligue 1 Review: Balotelli at the double as Payet shines and Malcom toils|
|Pato still dreaming of World Cup selection|
|FA Cup Review: Iheanacho makes VAR history, kit confusion reigns|
|2016-17 UEFA Study: PSG, Man City drive record-breaking spending|
|Conte packing in homework as Chelsea games stack up|
|2016-17 UEFA Study: Manchester United record highest revenue but largest debt|
|2016-17 UEFA Study: The headlines in transfers, wages and revenues|
|Iheanacho scores English football´s first VAR goal|
|Materazzi not surprised by Coutinho transfer fee|
|Ronaldinho retires - Brazil and Barca great plans 2018 farewell|
|Koziello swaps Nice for Cologne|
|Simeone ready to unleash Costa and Vitolo alongside Griezmann|
|Lambert ´never thought´ he would return to Premier League|
|Wenger ´very aggressive´ towards referee Dean, says FA report|
|Reported Arsenal target Malcom starts for Bordeaux vs Caen|
|Valverde not making big deal of Dembele´s latest Barca blow|
|Arsenal will have a ´hard time´ signing Malcom|
|Ronaldo and Madrid nominated for Laureus awards|
|Nantes´ Diego Carlos brands Chapron clash ´historic´|
|This is not important - Conte unconcerned if substitutions upset Hazard|
|Conte ´doesn´t think´ Chelsea have pursued Sanchez|
|Emery hints at Neymar return against Dijon|
|Mkhitaryan key to United-Sanchez deal, claims Raiola|
|Tevez: CSL spell was a holiday|
|Mignolet considering Liverpool future|
|Fred waiting for Guardiola call amid Man City speculation|
|Inter confident but patient over Rafinha|
|Giggs had counselling after Old Trafford exit|
|Neville: Mourinho would happily swap Mkhitaryan for Sanchez|
|Man United becoming Pogba´s team – Mourinho|
|Can ´talking with everyone´ but hints at Liverpool stay|
|Mourinho ´not unconfident´ Manchester United will sign Sanchez|
|Pogba warns City that United will not give up the chase|
|Assist king Pogba matches De Bruyne, Sane despite injury and suspension|
|Manchester United 3 Stoke City 0: Valencia, Martial and Lukaku trim gap at the top|
|Shaw feeling on top of his game amid United run|
|Mkhitaryan left out by Manchester United amid Arsenal talk|
|Inter secure Lopez on loan from Benfica|
|Hurst marvels at hat-trick maestro Kane|
|WATCH: Neymar nutmegging for fun in PSG training|
|Nantes´ Carlos has red card overturned after being kicked by referee|
|´Logical´ for Aubameyang to stay at Dortmund, says Stoger|
|Stupid not to - Giggs seeks Fergie´s advice upon taking Wales job|
|Suarez feared Chiellini bite would derail Barca transfer|
|Dortmund sign reported Man United target Akanji|
|Wales confirm Giggs appointment|
|Barcelona´s Dembele out for up to four weeks|
|Struggling Stoke appoint Lambert|
|Referee suspended until further notice after kicking Nantes´ Carlos|
|Coutinho´s ´deserved´ Barca move, says Figo|
|Fatigue the issue for goal-shy Chelsea - Conte|
|West Brom legend Regis dies aged 59|
|Mourinho: I don´t like feuding with managers|
|Puel confident of keeping Mahrez at Leicester|
|Valverde: Real Madrid haven´t given up on LaLiga|
|Ibrahimovic nearing end at top level – Mourinho|
|David is to keep - Mourinho wants new Man United deal for De Gea|
|Nantes president demands ban after referee kicks Carlos|
|Stoger sets out rules for Aubameyang reintegration at Dortmund|