Niko Kovac has been sacked by Bayern Munich after showdown talks with the board this evening.
The Croatian chief was axed after their 5-1 drubbing by Eintracht Frankfurt over the weekend.
According to the club’s Twitter, Kovac and the German giants agreed a mutual separation.
Jose Mourinho is now favourite to take over, with the ex-Manchester United manager looking for a new job.
Meanwhile, Arsene Wenger and Max Allegri have also been linked with the vacant post.
Bayern fans having been calling for the ex-Frankfurt man to go for a number of weeks.
The Bavarians lie down in fourth in the Bundesliga, having lost twice in the league this season.
They are already four points off top placed Borussia Monchengladbach, and behind rivals Dortmund.
It is understood Kovac himself offered to resign after the humiliating loss at the weekend.
Hansi Flick will take over until further notice. He will manage the team against Olympiacos and Borussia Dortmund.
Kovac said: “I think this is the right decision for the club at the moment. The results, and also the way we last played, made me come to that decision.
“My brother Robert and I thank Bayern for the last one and a half years. During this time, our team has won the championship, the DFB Cup and the Supercup.
“It was a good time. I wish the club and the team all the best. “