Claude Puel has been sacked by Leicester, with Brendan Rodgers the firm favourite to take over.
Leicester have acted after the 4-1 home defeat by Crystal Palace meant the side have lost seven of the last nine games.
The atmosphere among players at Puel’s methods is said to be at rock bottom, and the pre-season target of seventh appears a remote prospect. The club are 12th, only eight points above the relegation places.
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Claudio Ranieri and Craig Shakespeare were also sacked after failing to win in six consecutive matches.
Sportsmail understands Rodgers has been Leicester’s prime target for a number of weeks, and the club will now try to convince the former Liverpool boss to leave Celtic immediately.
It had been thought the 46-year-old wanted to see out the campaign in Scotland.
A Leicester statement on Sunday read: ‘The club would like to thank Claude for his efforts in leading the team during his 16 months in the role and wish him well in his future career.
‘Assistant Manager Jacky Bonnevay also departs with the club’s best wishes.
‘First Team Coaches Mike Stowell and Adam Sadler, supported by the club’s established backroom staff, will assume responsibility for the senior squad while the club begins the process of appointing a new manager.’
Puel was in charge with the club in mourning back in October following the death of owner Vichai Srivaddhanaprabha.
The Thai businessman died along with four others in a devastating helicopter crash after the Foxes’ 1-1 draw with West Ham at the King Power Stadium.
Leicester’s dismal start to the year continued
Puel has paid the price for a sequence of excruciating results, with Leicester winning just four league games at home all season.
Only three clubs out of 92 in the Football League have failed to win since New Year’s Day: Rotherham, Huddersfield and Leicester. This was a fourth home defeat in a row, a run which includes losses to Southampton and Cardiff.
The King Power Stadium deserted as Wilfried Zaha slammed in Crystal Palace’s fourth and those who stayed booed loudly.
Puel has tried to alter the team’s style of play and lower its age but the product has been confusing, with some good performances undermined by mistakes and a lack of clarity. Leicester believe he did not get the most from a talented squad.
The Frenchman was told his fate by sporting director Jon Rudkin at the training ground on Sunday morning and he has said his goodbyes.