Fleetwood Town have terminated the contract of manager Micky Mellon following their FA cup exit.
Defeat at the hands of Aldershot Town was the third in as many games for Town.
And two hours after the final whistle the club issued a statement announcing Mellon’s contract had been terminated with immediate effect.
Chairman Andy Pilley told The Gazette: “I want to place on record my sincere appreciation for what Micky Mellon has achieved.
“He joined the club in Conference North and has overseen our rise to the Football League.
“He is a first class man.”
Mellon joined Fleetwood Town in September 2008 following the departure of Tony Greenwood.
His position was made full time in January 2009 winning promotion to the Blue Square Bet Premier through the playoffs.
Mellon’s first season at that level saw the club turn full time professional and securing a playoff place - losing 8-1 on agregate to AFC Wimbledon in the semi-finals.
Last season Town were promoted as Blue Square Bet Premier champions and had made a superb start to their first Football League campaign.
But back to back league defeats, at the hands of Accrington Stanley and Dagenham and Redbridge and this afternoon’s FA Cup exit at the hands of Aldershot Town appear to have sealed Mellon’s fate.
It is a far cry from the position less than two-months ago when Mellon, his side flying high in League Two, was being linked with Championship jobs at Burnley and Blackpool.
The club will now begin their search for a replacement with first team coach Steve Macauley and assistant manager Craig Madden likely to take training next week.