Fulham have sacked manager Rene Meulensteen and replaced him with former Bayern Munich boss Felix Magath.

The Cottagers are bottom of the Premier League and four points from safety after losing 3-2 to Liverpool on Wednesday, a game in which they led twice.

Meulensteen had only been in charge at Craven Cottage since December, following Martin Jol's dismissal.

Meulensteen was reported to have told the BBC: "They have hit the panic button on emotion and fear - but hey ho, that's football."

Former Germany international Magath led Bayern to successive League and Cup doubles in  2005-6, and most recently managed Bundesliga side VFL Wolfsburg, leaving by mutual consent in October 2012.

He has been given an 18-month contract and will appoint his own backroom team.

Fulham owner Shahid Khan said in a statement: “I am very happy to welcome Felix Magath to Fulham Football Club. 

"Felix is an accomplished manager with multiple honours in the Bundesliga and a hunger to replicate his success with Fulham in the Barclays Premier League.

"I’m especially impressed with the reputation Felix has for coming into clubs at difficult times, often late in the season, and lifting them to their potential and beyond.

"Felix knows that is precisely the task awaiting him at Fulham, and he made it abundantly clear that he wants and is ready for the opportunity.

“Our club has shown promise in recent matches, but the fact is we have not won a league match since 1 January.

"Given our form, we can no longer merely hope that our fortunes will finally turn.

"And with 12 matches remaining and at least four points separating us from safety, we certainly can no longer post empty results. Action was required."