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Coyle left Burnley in January 2010 to take up the hotseat at the Reebok Stadium on a two-and-a-half-year deal after Gary Megson was relieved of his duties.
He led the club to safety from 18th position, but failed to keep his side in the top flight last campaign.
Owen Coyle has been sacked by Bolton, having made a poor start to Bolton’s Championship campaign after relegation from the Premier League last season.
Latest ITV News reports
The ex-Manchester United ace Ole Gunnar Solskjaer has ruled himself out of the vacant Bolton manager's job.
Bolton Chairman Phil Gartside must replace Owen Coyle at the club. Here's some of the main candidates to take the reigns at the Reebok.