Valencia have decided to sack Albert Celades with immediate effect following the loss to Villarreal. However, this comes after the club's sporting director, Cesar Sanchez, told the players that no managerial change was planned before Athletic Club's visit to the Mestalla on Wednesday.
Back to back losses against Eibar (1-0) and Villarreal (2-0) were enough for Peter Lim to make a change. This is after the club slipped to 8th place in the league and run the risk of missing out on European football next season.
Voro Gonzalez, the man Valencia traditionally turn to in their time of need, will take temporary charge of the team until the end of the current campaign.
Celades arrived under tough circumstances as he replaced the popular Marcelino back in September.
A heavy defeat to Atalanta in the Champions League didn't help matters and Valencia's struggles since the restart, only winning one of their five matches, only caused greater anger amongst an already frustrated fan base.
Valencia are eight points behind Sevilla, who occupy the final Champions League spot, and will hope the return of Voro inspires the club to move back up the table as the games come thick and fast.
Here is the official statement announcing Celades sacking: