City chairman John Elsom has attended a press conference aimed at answer any questions that had arisen from the sacking of Peter Taylor.

Elsom told waiting reporters, "It is a decision we have taken with a great deal of regret.

"In our first season after the departure of Martin O'Neill we finished a very creditable 13th position.

"However, after our opening eight games of this season we find ourselves with only five points and bottom of the table.

"This is possibly the single most important season in the club's history with us due to move into our new stadium in August 2002.

"This decision has been taken to maximise our ability to safeguard our Premiership future.

"I and everyone at the club would like to place on record our sincere thanks to Peter and his staff for all their efforts over the past 16 months.

"We do not have any pre-conceived ideas about the identity of our next manager at this moment.

"We shall invite applications and take the matter from there. It is vitally important that we get the right man for the job."

City are hoping that any new manager would be installed by October 9th when they play Leeds United in the Worthington Cup third.

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