Cesare Prandelli has resigned as Valencia manager less than three months after accepting the role, the club confirmed on Friday.
The former Italian national team manager took over from the sacked Pako Ayesteran in September and despite winning his first game in charge - a 2-1 victory at Sporting Gijon - the club have since endured a seven-game La Liga winless run since which sees them sit above the relegation zone on their head-to-head record with Sporting only.
Cadena Ser reported on Friday the cancellation of his contract was being completed, only weeks after flying to Singapore to discuss the January transfer window with owner Peter Lim where the two reportedly held productive talks and agreed on several targets, including Juventus attacker Simone Zaza.
Prandelli's last match in charge saw a defeat at Real Sociedad and the fans of Los Che reacted angrily - attacking the team bus as it returned to the training ground after their ninth defeat of the season.
"Cesare Prandelli has communicated to Valencia his irrevocable decision to resign from his position as coach, as of Friday, 30 December,” read a club statement.
"Voro Gonzalez will take over in charge of the first-team squad. Valencia director Anil Murthy and sporting director Jesus Garcia Pitarch will hold a press conference at the Ciudad Deportiva on Saturday, 31 December, at 10 am."
The club will now seek their fourth manager of the campaign but their season has descended into deeper disarray on the verge of the New Year.