Gary Neville has been sacked by Valencia following a series of poor results in a disastrous tenure as manager of the club.
The former Manchester United and England defender was a surprise choice as manager of the La Liga giants after Nuno Espírito Santo was leg go last December.
However, while still a part of Roy Hogson’s England coaching staff, his tenure as manager at the Mestalla has been hit with a series of poor results in all competitions which leaves Valencia on the brink of witnessing one of their poorest seasons in the Spain top flight.
The club announced on Wednesday that the 41-year-old was not going to lead his side anymore out of the tunnel as assistant Pako Ayestaran takes charge until end of season.
He however admitted understanding the situation and the measure being taken by the club’s board.
“I would like to thank Valencia, the fans, staff and the players,” he told valenciacf.com. “I would have liked to have continued the work I started.
“But I understand that we are in a results business and in the 28 games (10 wins, seven draws and 11 losses) they have not been to my standards or to those which are required by this club.”