Press reports are saying that young manager Jim Gannon has left Stockport County. As yet this has not been confirmed by the club.
However Sky Sports have been reporting the news amidst others.
Sky says that Gannon is believed to have been called to a meeting with the club's administrators earlier today to be informed of the decision.
UPDATE 6.20pm: Official Statement from Stockport County
The administrators at Leonard Curtis are continuing ongoing discussions with a number of credible interested parties, and remain confident of progressing matters in the short term.
It is regrettable however, that due to funding constraints during the administration period, it has been necessary to make a number of redundancies. Following the conclusion of the playing season, the number of coaching staff has been reduced and regrettably cuts include the manager, Jim Gannon.
It is hoped that these cost reductions will enable us to preserve the club in the short term and secure a buyer in the near future.
UPDATE 8pm: It is understood that all the coaching staff have been made redundant, as has Chief Executive Sean Connolly.
Their Supporters Trust have cancelled a Special General Meeting set for tomorrow in the wake of the announcement, with a representative saying the Trust 'is unable to control or even explain events'. It is also being reported on their forum that the two club shop employees have also been made redundant.
Meanwhile David Farms Ltd, the company that forced the club into Administration, have released a statement. The statement claims that their £300,000 loan was repayable in January, that it had received no interest payments or fees due on the loan from the club, and that it had originally demanded repayment when former Chief Executive Mark Maguire left.