Former Burnley man leaves role as manager of League One outfit following winless start to the season
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Their 3-0 defeat to Peterborough United on Tuesday night saw them equal the EFL record set by Halifax in 1990/91 of eight games without scoring a goal.
"Cheltenham Town have today parted company with first-team manager Wade Elliott by mutual consent,” the Robins confirmed in a statement.
“The directors would like to place on record their appreciation for Wade’s contribution since joining the club as a coach in September 2020, playing a significant role in the League Two title win and then the club's highest finish alongside Michael Duff.
"He was named head coach last summer and went on to achieve the club's second highest finish in his own right.
“Assistant manager Kevin Russell has been asked to take interim charge of the team against Stevenage on Saturday.”
Elliott, 44, took over from another former Claret in Michael Duff as head coach in June 2022.
The former midfielder joined Cheltenham's coaching staff in 2020 and was first-team coach prior to taking the top job.
But after guiding the team to League One safety and 16th place last season, Cheltenham have begun this season on a torrid run and failed to score or register a win.
Elliott made over 250 appearances for Burnley between 2005 and 2011.