Nottingham Forest have announced that Aitor Karanka has resigned as manager of the club, with the team lying in 7th place, four points off their East Midlands rivals Derby County who lie in sixth place and in a play-off position.
A club statement read:
"Aitor Karanka has asked to be released from his contract as the manager of Nottingham Forest Football Club.
The club have agreed to this request and the terms of departure have been agreed. Both parties wish each other every success for the future.
There will be no further comment from either party.
Simon Ireland will take charge of first-team affairs until a new manager is appointed."