Bradford City have sacked manager Colin Todd and placed club captain David Wetherall in temporary charge of first-team affairs.
Todd has led the Bantams to 16th place in League One this season but was dismissed following Saturday's 1-0 defeat at mid-table Gillingham.
The experienced former Middlesbrough, Bolton and Derby County manager took over in June 2004 and presided over two-and-a-half seasons in League One.
Todd's period at the City helm has coincided with the club's struggle with financial problems and during the transfer window they allowed key players Jermaine Johnson and Dean Windass to leave Valley Parade.
"The club would like to thank Colin for his efforts during what has been a turbulent period in its history," read a City statement.
"Colin has had to deal with some very difficult situations but has always met these challenges in a professional manner.
"Unfortunately, the results over the last 20 league games have been poor and so it is time for a change."
Wetherall, 35, has been with the club for six years and has been handed a caretaker player/manager role.