Juande Ramos appears to have stepped down as head coach of Malaga, according to tweets by the LaLiga club's owner Sheikh Abdullah Al-Thani.
Second-tier side Cordoba knocked Malaga out of the Copa del Rey on Wednesday, extending their winless run to five matches in all competitions.
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Former Sevilla and Tottenham boss Ramos returned to Malaga for a second spell in charge in May, signing a three-year deal, but the club's recent downturn seems to have persuaded him to move aside.
In English, Spanish and Arabic, Al-Thani tweeted: "Thanks a lot, Mr Juande Ramos. I appreciate your candor, I respect your decision, I wish you every success.
Heading into the mid-season break, Malaga lie 11th in LaLiga with 21 points.
Thanks a lot
— Abdullah N Al Thani (@ANAALThani) December 22, 2016
Mr . Juande Ramos
I appreciate your candor
I #respect
your decision
I wish you every success pic.twitter.com/f7y52cCQU3
..... - Goal