Swansea City have decided to sack manager Garry Monk and will do so within the next 48 hours, according to Daily Telegraph.
Swansea are just one point above the relegation zone and have won just one of their last 12 matches in all competitions, while only bottom placed Aston Villa have scored fewer Premier League goals this campaign.
The 3-0 home defeat to table-toppers Leicester City seemed to be the final straw for chairman Huw Jenkins, who was initially reluctant to sack a man who has represented the Swans in all four divisions of English football, often as captain.
The run of form is in stark contrast to how Monk performed last season, as he took the 2013 Capital One Cup winners to an all-time high of eighth position in the Premier League, and was subsequently awarded a three-year contract for his services.
Garry Monk, 36, is expected to receive around £3m in compensation as his 11-year affiliation with the club as both a player and a manager is expected to come to an end after horrifying run of form.
There was also talk at one stage of Monk replacing current England boss Roy Hodgson when the 68-year-old either decided to step down, or was removed from his post, but it will now take rebuilding his reputation at another club for these rumours to spark up again.
It is thought that Swansea City will try to re-unite with the man Monk once played under at the Liberty Stadium in Brendan Rodgers, who is available following his sacking from Liverpool earlier this season, though it is believed that Rodgers wants a chance abroad.
Another recently available manager linked with the managerial post was David Moyes, but it is believed that the former Manchester United manager is not interested in the role.