Billy Davies leaves Derby.

Derby County have announced that manager Billy Davies has left as both parties agreed to go separate ways.

The Rams are at the bottom of the Premiership table with just one win to their credit, after having earned promotion to the top-flight by winning the play-off final against West Brom last season.

Derby chairman Adam Pearson said on the club’s official website: “I have met with Billy Davies this morning and we have decided mutually in the best interests of both parties that to go our separate ways is the correct decision at this time.

“Billy Davies leaves Derby County with our best wishes and our genuine gratitude in achieving a magnificent promotion to the Premier League, where everyone connected with the club wanted to be.

“We wish Billy all the best for his future career and both parties will now move forward, which I am sure will lead to future success for Billy Davies and Derby County.”

There are speculation that the ex-England manager Steve McClaren is lining for the vacancy.