English Premier League (EPL) football club Everton on Monday announced the sacking of Dutch coach Ronald Koeman after 16 months in charge.
On Sunday, Everton lost 2-5 to Arsenal at its Goodison Park home stadium, dropping to the Premier League's relegation zone in 18th place, reports Efe.
"Everton Football Club can confirm that Ronald Koeman has left the Club," the club said in a statement.
"Chairman Bill Kenwright, the Board of Directors and Major Shareholder Farhad Moshiri would all like to express their gratitude to Ronald for the service he has given to the Club over the past 16 months and for guiding the Club to seventh place in last season's Premier League campaign," it added.
The 54-year-old Dutchman spent $157 million on new players during the summer but still only managed to win two league games this season.
Koeman is the third coach to be fired in the Premier League this year, after his compatriot Frank de Boer was dismissed by Crystal Palace and Englishman Craig Shakespeare was sacked by Leicester City.
--IANS
sam/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app