Tony Pulis has left Crystal Palace by mutual consent.
Assistant manager Keith Millen will be in temporary charge for Saturday's trip to Arsenal.
Pulis, 56, met with chairman Steve Parish earlier in the day amid reports of friction between the pair over areas of responsibility.
The former Stoke manager has been frustrated by the failure to land a number of his transfer targets during the summer.
Bookmakers' odds had tumbled as speculation over the Welshman's job intensified.
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