Preston North End Football Club can confirm that Graham Westley has left his position as manager.
Graham oversaw a fundamental change in reducing the wage bill in line with the financial fair play criteria and brought together a whole new squad of players last summer.
After an initially encouraging start to the season regrettably results have not been acceptable and the Board felt that a change of manager was the only way forward.
Graham leaves with our thanks and best wishes for the future.
An announcement regarding interim management arrangements will be made on Thursday 14th February.
Preston North End have released manager Graham Westley.
The League One side have only won once in the league since November and last night's 3-1 defeat at Yeovil leaves them just five points above the relegation zone.
Westley took over at Deepdale just over a year ago.
Jamie Proctor, left, playing for North End against Watford Credit: Stephen Pond/EMPICS Sport
Preston North End have announced their striker Jamie Proctor is joining Premier League team Swansea.
The Preston-born 20-year-old is moving for an undisclosed fee after telling Deepdale bosses he wanted to play higher level football at the end of last season.
Proctor was given his début by Darren Ferguson in 2010 and has made 40 appearances for the club.
In a statement, Preston North End said: "The Club would like to wish Jamie all the best in his future career."
PNE's Conor McLaughlin joins Fleetwood Town on permanent basis
Conor McLaughlin has agreed a deal to join Fleetwood Town on a permanent basis. The Northern Irish international defender completed the move on Friday afternoon after talks were concluded between the two clubs and the player.
The 21-year-old Belfast-born right back joined Preston as a scholar at 16 and progressed through to earn a professional contract in January 2010. He made his debut later that year, in a televised game against Hull City.
He suffered a broken leg the following year, but returned to full fitness and went on to make 24 appearances for the Preston North End, but spent the last two months of last season on loan at Shrewsbury Town.