Neil Lennon will step down from his position as Celtic manager within the next 24 hours, according to reports. Assistant manager John Kennedy is set to take over on a caretaker basis.
Celtic suffered their fourth league defeat of the season against Ross County on Sunday.
The led to the Parkhead hierarchy holding crisis talks, according to the Scottish Sun.
Celtic have decided to part ways with the 49-year-old, who has spent almost two decades as either a player, coach or manager of the Glasgow side.
Lennon guided Celtic to back-to-back Scottish Premiership titles but his side have fallen way behind Rangers this term.
Steven Gerrard’s side have a gigantic 18 point lead at the top of the table which has compounded the pressure on Lennon.
Celtic chiefs Dermot Desmond and Peter Lawwell wanted to give their boss until the end of the season to turn results around.
But they have decided to act early to allow better planning for the 2021/22 campaign.
Celtic were humiliated by Ross County when they were dumped out of the Betfred Cup in November.
That led to angry protests outside the club’s ground which were condemned by Scotland’s First Minister Nicola Sturgeon.
Speaking of the impending sacking, Rangers icon Chris Sutton tweeted: “Neil Lennon had to go.
“I know this season has been a disaster but I hope after the anger settles down about this season that people respect that Neil has been a great servant to Celtic both as a player and manager.”
Following the most recent defeat, Lennon was asked if he felt he was the right man to lead Celtic out of trouble.
“Yes, I would say so, yes [a big rebuild is needed],” he replied.
He added: “I’ve done it before. I don’t see why not.
“I’ve not been told anything otherwise so I carry on my duties as normal. Yes, I love this job, I love the club, and I’ve had a lot of success.
“This has been a difficult season, in more ways than one, football and non-football reasons, so yes you always want to rebuild and go again.
“Nine league titles and four trebles, it’s incredible. I think it gets a bit overlooked. They are human beings at the end of the day and it was always going to come to an end at some stage.”