Newcastle United have parted company with manager Sam Allardyce after coming to a "mutual agreement".
A statement on the club's official website read: "This decision has been reached by mutual agreement.
Newcastle United Chairman Chris Mort said: "Mike and I would like to place on record our thanks for Sam's efforts and wish him well for the future.A new manager has not yet been appointed at Newcastle United. We will make a further announcement on the managerial position when appropriate."
Sam Allardyce said: "I am disappointed to be leaving Newcastle United but I wish the Club all the best for the remainder of the season and for the future."
First Team coach Nigel Pearson will take charge of the team for Saturday's game at Manchester United.
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