Liverpool have sacked Roy Hodgson and put Kenny Dalglish in charge until the end of the season
In a statement issued on the club's official website on Saturday, owner John Henry said: "Both parties thought it in the best interests of the club that he stand down."
Of Kop legend Dalglish, Henry added: "Kenny was not just a legendary footballer, he was the third of our three most successful managers - three giants.
"We are extraordinarily fortunate and grateful that he has decided to step in during the middle of this season."
The writing looked to be on the wall for Hodgson following Wednesday night's defeat at Blackburn and instead of speaking to the media on Friday, the former Fulham boss had his say via Liverpool's official website where he said a win at Old Trafford in the FA Cup 3rd round was the best way to get over Wednesday night's defeat at Blackburn.
But his comments came just hours after he reportedly said goodbye to the Liverpool squad, with Crunchsports.com understanding that talks had been held earlier in the week about his departure from the club and his payoff.
"I have, however, found the last few months some of the most challenging of my career," said Hodgson in a statement issued after news of his departure broke.
"I am very sad not to have been able to put my stamp on the squad, to be given the time to bring new players into the club in this transfer window and to have been able to be part of the rebuilding process at Liverpool."
Hodgson had only won seven of his 20 games in charge of the Merseyside club and leaves the club with Liverpool just four points above the relegation zone.
Bolton manager Owen Coyle is believed to be one of the favourites to succeed Hodgson when a permanent replacement is appointed in the summer, while former Hoffenheim manager Ralf Rangnick, Borussia Dortmund manager Jurgen Klopp and Porto coach Andre Villas Boas have been linked with the job in recent days.
After cancelling Hodgson's weekly press briefing on Friday, the decision to remove the 63-year-old from the job before Sunday's FA Cup third round tie away to Manchester United was made on Saturday morning, with Dalglish now in charge for the trip to Old Trafford.
Dalglish will take charge of the first team until the end of the season.In a statement issued on the club's official website on Saturday, owner John Henry said: "Both parties thought it in the best interests of the club that he stand down."
"We are extraordinarily fortunate and grateful that he has decided to step in during the middle of this season."
The writing looked to be on the wall for Hodgson following Wednesday night's defeat at Blackburn and instead of speaking to the media on Friday, the former Fulham boss had his say via Liverpool's official website where he said a win at Old Trafford in the FA Cup 3rd round was the best way to get over Wednesday night's defeat at Blackburn.
But his comments came just hours after he reportedly said goodbye to the Liverpool squad, with Crunchsports.com understanding that talks had been held earlier in the week about his departure from the club and his payoff.
"I have, however, found the last few months some of the most challenging of my career," said Hodgson in a statement issued after news of his departure broke.
"I am very sad not to have been able to put my stamp on the squad, to be given the time to bring new players into the club in this transfer window and to have been able to be part of the rebuilding process at Liverpool."
Hodgson had only won seven of his 20 games in charge of the Merseyside club and leaves the club with Liverpool just four points above the relegation zone.
Bolton manager Owen Coyle is believed to be one of the favourites to succeed Hodgson when a permanent replacement is appointed in the summer, while former Hoffenheim manager Ralf Rangnick, Borussia Dortmund manager Jurgen Klopp and Porto coach Andre Villas Boas have been linked with the job in recent days.
Didier Deschamps was believed to be one of the names at the top of Liverpool owners NESV's list to succeed Hodgson in the long-term but earlier this week ruled himself out, insisting his future was with Marseille.
Who should replace Roy Hodgson? Can Kenny Dalglish turn Liverpool's season around? Let us know below!
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