Liverpool sack Brendan Rodgers: Read the full club statement from owners FSG here

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Brendan Rodgers has been sacked by Liverpool.

The announcement comes only hours after a 1-1 draw at Goodison Park in the Merseyside Derby.

Read the full statement from the club below.

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Brendan Rodgers has been sacked as Liverpool manager only hours after a draw in the Merseyside derby

Owners Fenway Sports Group thanked Rodgers for the 'significant contribution' he made in his three years

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In a joint Fenway Sports Group statement, Principal Owner John W Henry, Chairman Tom Werner and President Mike Gordon said:

'We would like to place on record our sincere thanks to Brendan Rodgers for the significant contribution he has made to the club and express our gratitude for his hard work and commitment.

'All of us have experienced some wonderful moments with Brendan as manager and we are confident he will enjoy a long career in the game.

'Although this has been a difficult decision, we believe it provides us with the best opportunity for success on the pitch. Ambition and winning are at the heart of what we want to bring to Liverpool and we believe this change gives us the best opportunity to deliver it.

'The search for a new manager is underway and we hope to make an appointment in a decisive and timely manner.'

Brendan Rodgers (right) looks dejected while Roberto Martinez (left) celebrates Everton's equaliser

Liverpool players Nathaniel Clyne, Emre Can and James Milner take instruction from Rodgers during 1-1 draw

Chief Executive Ian Ayre (left) was present at Goodison Park today alongside former boss Kenny Dalglish