Sligo Rovers have parted company with manager Ian Baraclough, the club have announced.

The development follows Sligo's disappointing form this season.

In a statement, the club confirmed that they had parted company with manager Baraclough and assistant Gary Stevens.

Baraclough joined Sligo in February 2012, and led Rovers to the league title in his first season in charge. The Bit O'Red went on to take the FAI Ford Cup last November.

However, Sligo's results this season have been more disappointing. 

They lie in fifth place in the SSE Airtricity League Premier Division, 17 points behind leaders Dundalk.

Despite winning their first Setanta Sports Cup title in May, they crashed out of their defence of the FAI Ford Cup with a 3-0 loss to Dundalk earlier this month.

Sligo thanked Baraclough for his "enormous contribution".