Tottenham Hotspur F.C.'s embarrassing 5-0 loss at home to Liverpool on Sunday came after a 6-0 defeat at Manchester City on Nov. 24 and left Spurs seventh in the standings, five points from the fourth Champions League spot.
Andre Villas-Boas joined Tottenham Hotspur F.C. in July 2012 and was looking to rebuild his reputation in England, having been fired by Chelsea four months earlier. He was dismissed by Tottenham halfway through a three-year contract.
The Portuguese coach failed to guide Spurs into this season's Champions League. An offseason spending spree of more than 100 million pounds ($160 million) on mostly attacking players to offset the loss of Gareth Bale to Real Madrid hasn't worked out.
"The club can announce that agreement has been reached with head coach, Andre Villas-Boas, for the termination of his services," Tottenham Hotspur F.C. said in a statement. "The decision was by mutual consent and in the interests of all parties."
British media said Fabio Capello and Guus Hiddink were potential replacements for Villas-Boas. He is the fifth Premier League manager to lose his job this season, after Paolo Di Canio (Sunderland), Ian Holloway (Crystal Palace), Martin Jol (Fulham) and Steve Clarke (West Bromwich Albion).
Tottenham Hotspur F.C.'s summer splurge to bring in established internationals such as Paulinho, Erik Lamela, Christian Eriksen and Roberto Soldado has failed to produce immediate results, with the team scoring just 15 goals in 15 league games. Spurs didn't even manage a shot on target against Liverpool.
Bale won many games almost single-handedly for Tottenham Hotspur F.C. last season and his departure has been sorely felt.
"This is a top-four squad but in our Premier League form we are not there," the 36-year-old Villas-Boas said after the Liverpool match, when he pledged that he wouldn't resign. "We admit that in the Premier League things aren't going in any shape or form the way we want."
Tottenham Hotspur F.C. qualified for the knockout stage of the Europa League with a group game to spare.