Gary Megson has admitted that he is bitterly disappointed with Bolton Wanderers' decision to axe him.
Megson had been in charge at the Reebok Stadium for just over two years but, despite keeping the club in the Premier League, he failed to win over large sections of the Bolton faithful.
Megson hopes he can bounce back from the setback though, saying in a statement:"I still want to work again. Despite all the stick I seem to have been getting from Bolton fans, I've been delighted that my peers and people who know football seem to say that it's gone okay since I've been there.
"I'm bitterly disappointed to lose my job but I don't think the decision is unfair. They've made it in the best interest of the club.
"There are ten clubs in a battle at the bottom of the table but the other nine aren't having to operate in the same conditions and circumstances as we are.
"The club has made the decision and I have to accept it. It's really disappointing but people have to make decision and stand and fall by them. But I really hope that Bolton stay up.
"I thoroughly enjoyed my time as manager and worked with some terrific people above me on the board. Whether they were actually the best players in the Premier League is open to debate but there were some fantastic people in the squad that gave me everything they've got.
"There's never been one occasion when we haven't outworked the opposition. The honesty and integrity of the squad is second to none."