Cifuentes signed a three-year deal in July, but lasted less than seven months in the job at the King Power Stadium; the Foxes sit 14th in Sky Bet Championship in their first season back in second tier following relegation from Premier League

 

Leicester have sacked manager Marti Cifuentes after less than seven months in charge.

Cifuentes leaves the Foxes 14th in the Championship, following a 2-1 defeat to Oxford on Saturday.

The Spaniard lasted 29 Sky Bet Championship games, of which Leicester won only 10. They are six points off the play-off places and nine above the relegation zone.

First team coach Andy King will take charge of the squad until the appointment of a permanent manager.

Highlights of the Sky Bet Championship match between Leicester and Oxford United.Cifuentes had been happy to do so in order to oversee the project at Leicester. But with finances tight and the threat of a points deduction for alleged PSR breaches looming, the Spaniard was unable to turn around the club’s fortunes.

Leicester chairman Aiyawatt Srivaddhanaprabha said in a club statement: “This has been a difficult decision and not one I have taken lightly. I would like to thank Marti for the total commitment he has shown during his time at Leicester City. He gave everything to the role and worked tirelessly to help us achieve our targets.

“However, I believe this is the right step at this time to improve performances and results, and to act in the best interests of Leicester City Football Club. Martí leaves with our thanks and our best wishes for the future.