Crawley Town have parted company with manager John Hollins and his assistant Alan Lewer, reports BBC Southern Counties Radio.
Hollins spent just under a year as manager of Crawley Town
Captain Ben Judge and defender David Woozley will take charge of the team "for the foreseeable future", a club statement has revealed.
The duo have been joined by former Millwall and Fulham coach John Yems, who has been appointed as coach.
Hollins had been in charge for just under a year, since November 2005.
The former Chelsea, Swansea and Rochdale manager's last game in charge was Saturday's 3-2 defeat by Lewes in the FA Cup fourth qualifying round.
The decision to find a new management team has not been taken lightly
The Red Devils began the season on minus 10 points after entering administration, but are now second from bottom with 12 points from 17 games.
The statement added: "Crawley Town FC has had a difficult year both financially and on the pitch, and the decision to find a new management team has not been taken lightly.
"The directors are determined to strive forward after some disappointing results on the pitch and having the constant pressure of administration.
"They would like to thank the fans for their support through these tough times, and would like to assure them everything is being done to push the club to new heights."