Unai Emery has been sacked as Arsenal manager, ONA reports citing website of the team.
Arsenal's 2-1 Europa League loss to Eintracht Frankfurt was the final straw for club chiefs, culminating in the club's worst run of results for 27 years.
Emery replaced Arsene Wenger in the summer of 2018 but has lasted just 18 months.
Freddie Ljungberg will now take caretaker charge, starting with Sunday's game against Norwich.
A club statement declared: "We announce today that the decision has been taken to part company with our head coach Unai Emery and his coaching team."
Speaking on behalf of the Arsenal board, Josh Kroenke said: “Our most sincere thanks go to Unai and his colleagues who were unrelenting in their efforts to get the club back to competing at the level we all expect and demand. We wish Unai and his team nothing but future success.
"The decision has been taken due to results and performances not being at the level required.
We have asked Freddie Ljungberg to take responsibility for the first team as interim head coach. We have full confidence in Freddie to take us forward."