Bolton Wanderers have called time on manager Owen Coyle's career at the club following an inconsistent start to the Championship season.
There were questions over the position of the Scotsman after it emerged yesterday that the club were holding talks with Coyle regarding his future.
While it had been suggested that club owner Eddie Davies and chairman Phil Gartside were willing to keep hold of the former Burnley boss, it has now been confirmed that Coyle's two-year stint at the Reebok Stadium has come to an end.
Gartside told the club's official website: "Owen poured his heart and soul into the job, both on and off the pitch, and he led our club with great dignity during some very challenging times.
"It is the right time for a change. We set a target at the beginning of the season and want to get back on track. I would like to place on record our sincere thanks to Owen, Sandy Stewart and Steve Davis for all their hard work during their time at Bolton Wanderers."
Coyle added: "I have always been driven to act in the best interests of the club and care passionately about it. I had fantastic times here as a player and it has been a privilege to have held the post of manager.
"I want to thank the fans for their backing since I returned, the chairman Phil Gartside and the owner Eddie Davies for their support and friendship and the club's staff and players for all their effort and commitment. I wish everyone connected with Bolton Wanderers all the very best."
The club have confirmed that academy boss Jimmy Phillips and head of academy coaching and development Sammy Lee will take charge of the team as the outfit search for a permanent replacement.
The Trotters, who were relegated from the Premier League last season, currently sit 18th in the league table with 11 points.
