Bournemouth have sacked boss Scott Parker after Saturday’s 9-0 defeat by Liverpool, four games into the season.
After the loss, Parker, 41, said he was “not surprised” and said the team was “ill-equipped at this level”.
“In order for us to keep progressing as a team and a club as a whole, it is unconditional that we are aligned in our strategy to run the club sustainably,” said owner Maxim Demin.
“We must also show belief in and respect for one another.”
Demin added: “That is the approach that has brought this club so much success in recent history, and one that we will not veer from now. Our search for a new head coach will begin immediately.”
The Liverpool thrashing was Bournemouth’s third straight league defeat, having won their opening match.
Gary O’Neil will take interim charge of the team and will be assisted by Shaun Cooper and Tommy Elphick.
Analysis – A reaction to Parker’s comments
Adam Blackmore, BBC Radio Solent sports editor
While most people will casually see this as a club reacting to an abysmal 9-0 defeat, the reality is this decision has come about as a reaction to the comments made by Scott Parker after that game, referring to a lack of depth in the squad and how “under-cooked” they were. And it wasn’t the first time Parker had criticised the recruitment and spending – he did it before the opening game against Aston Villa.
Owner Max Demin’s rare and strong statement makes it clear that enough was enough, that ultimately you can’t keep criticising the people that pay you, and pushing the blame of results on to them, when Parker maybe knew the parameters he was working within. Now Bournemouth need to act quickly and find a good manager who does accept the challenge of trying to work sustainably while fighting to avoid the drop.