PROMOTION winning manager Simon Grayson has parted company with Huddersfied Town with immediate effect. 

Grayson replaced Lee Clark in febuary, with the club placed 3rd in league 1. He led the club back to the 2nd tier with a play off final win against Sheffield United at Wembley, but results have been dissapointing this season and they are placed 18th in the championship, seven points clear of danger.

Last week's 4-0 defeat to watford was the final straw for Grayson, with only one win since november, that coming in the FA cup against Charlton.

Chairman Dean Hoyle told the Terrier's website: "In making this decision, we have thought long and hard. It has been made with both the short term and long term needs of the club in mind.

"We brought Simon in with the immediate aim to lead us to promotion and he did that at the first attempt. It is an achievement for which we are grateful.

"We knew the transition to Championship football would be difficult and our targets for this season have been realistic, with retention of our status the priority.

"However, having worked so hard to get back into the second tier we have to do everything we can to consolidate that position. After exceeding all our expectations in the early part of the season, our results and performances as a team and from individual players have tailed off alarmingly.

"Worsening displays have accompanied a run of just six points and no wins from the last 12 league games, including some very heavy defeats, culminating at Watford last Saturday.

"Whilst we would all have hoped for even some modest signs of improvement to begin to emerge as the weeks have passed that has not been the case. This has made the position untenable.

"We will now seek to recruit a new manager who can, in the short term, lead and reinvigorate the team and players for the remainder of this season and also drive us forward towards our long term aims."

Various bookmakers have installed Nigel Adkins as the favourite for the job, with Owen Coyle and Billy Davies in the frame. With Grayson replacing Adkins as favourite for the Blackpool Job