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OFFICIAL: Hornets confirm the appointment of Slaviša Jokanovi? as new Head Coach. More to come on #watfordfc.com shortly.
Our job is always to act in the best long-term interests of this football club. There can be no compromise on this - whatever the circumstances.
I fully support and endorse the view from our technical staff that, given the talented squad which has been assembled and our position in the league, an experienced head coach with a winning pedigree is of primary importance to help ensure the success we are all striving for.
The supporters of Watford have always been very understanding towards our project here and I am certain they will continue to do everything they can to support the new coach and his squad.
Everyone feels it is important that there is continuity in the coaching structure. Ruben Martinez and Javier Pereira will therefore continue as Billy McKinlay’s assistants.
We appreciate Oscar’s candour in placing the best interest of Watford FC ahead of his own personal thoughts and we wish him well for his future in football.
In Billy McKinlay, we have someone with the qualities and significant experience to build further on the foundations already laid for a successful season ahead.
I was closely involved with the appointment of Billy McKinlay, because I was aware that I may not be able to return.
I always wanted an experienced British coach within our set-up, because it’s important to have that mix of cultures and experience with this squad.
I would like to thank Watford’s fans for their kindness during my time here at the club. I will be hoping to see you all as a Premier League club next season.
OFFICIAL: Hornets announce an immediate change of Head Coach. Billy McKinlay replaces Oscar Garcia. More to come shortly at #watfordfc.com.
Watford have appointed Oscar Garcia as their new head coach following the resignation of Beppe Sannino.
Garcia, who took Brighton into the play-offs last season, will take over with the club second in the Championship.
Watford said they had beaten off competition from "several high-profile English clubs" to secure Garcia's services.
Sannino, who only took over in December, stepped down after Saturday's 4-2 win over Huddersfield, saying he had "gone as far as I can" in the role.
Watford fans have been reacting on Twitter after the news manager Zola is resigning.
We were lucky to have such a classy man as our boss. Perhaps the time was right, but I'm sure he'll go on to prove himself as a top manager.
Gianfranco Zola has resigned as manager of Sky Bet Championship club Watford.
The Italian said in a statement on the club's website that he had taken the decision "in the best interests of the team".
His exit comes with Watford - who, under Zola, lost last season's play-off final to Crystal Palace - on a run of nine matches without a win.
This follows Saturday's 1-0 home defeat to struggling Sheffield Wednesday.
Zola leaves the Hertfordshire club 13th in the table, eight points adrift of the top six.