Oldham part company with manager Paul Dickov a week after famous FA Cup win over Liverpool

Dickov guided Oldham to an historic win over Liverpool in the FA Cup Fourth Round, but the club remain in relegation danger. Photo: PA

Oldham Athletic have announced that manager Paul Dickov is to step down following Saturday's League One defeat to Walsall.

The 40-year-old former Scotland international has been under pressure at Boundary Park for some time following poor form, but earned a stay of execution after masterminding a famous FA Cup victory over Liverpool last weekend.

However, eight defeats out of nine games in League One has left the Latics hovering above the relegation zone and Dickov has decided to quit after two and a half years in the job.

A statement on the club's official website confirmed the decision.

"Following the memorable wins against Nottingham Forest and Liverpool, when the squad proved what they were capable of, Paul had hoped these would be the catalyst to improved results in npower League One, but this has proved not to be the case," the statement read.

"He has been disappointed at the level of commitment and performances and feels that a change is needed if the club is to survive in League One.

"In nearly three years, Paul has shown his tremendous potential as a manager and the board of directors would like to express their appreciation for his commitment, both to the club and the fans.

"Everyone at the club wishes Paul and his family all the best for the future," the statement concluded.

Oldham chairman Simon Corney spoke with Dickov this morning, and before those talks opened said he and the manager would "need to get a plan together and work something out, and figure out whether or not together we can handle this".

Speaking on BBC Radio 5 Live's Sportsweek programme, Corney expressed sympathy for Dickov.

He said: "It is not down to a lack of hard work - he has been working very hard and I think the players have to shoulder a huge amount of responsibility.

"I have been at too many games now where we just haven't performed. When they put in a performance like they did against Liverpool, you know they have the talent and ability, and yet in the day-to-day bread and butter games, they are not showing what they need to show week in and week out.

"I feel for Paul, I really do, because he trains them hard, he works hard and does a lot of things to prepare the team, and once they cross that line, what can he do?

"It is a horrible situation. I'd like to think I will never have another manager who is a friend of mine again, because it is horrible.

"When I met with Paul for the very first time, I said to him, 'You know this can only end horribly, because either you will leave me because you are doing pretty well, or I am going to fire you', and that is the case with nearly every club.

"It is a horrible situation, but I can't let anything like that cloud my judgement because I have to do what is best for the club."

Dickov had been in charge since June 2010 and under his charge Oldham won 43 of 141 games.