Sheffield Wednesday have parted company with manager Gary Megson.
Chairman Milan Mandaric said: "This was a very difficult decision but one that has been taken with the best interests of Sheffield Wednesday at heart.
"We have 13 games to go of what is a critical season for our club and this decision has been taken because I believe we have a better chance of achieving our key aim of promotion by making the change.
"I fully understand this may not be the most popular decision amongst our supporters but I ask them to trust me, as they have done so whole heartedly during the time I have been at the club.
"Whilst we won what was a huge game last Sunday, I have looked at results before that to reach the conclusion which I believe is the right one for now and the future of Sheffield Wednesday.
"I take no decision lightly regarding this club and this one is no different.
