It's fair to say the writing was on the wall for a long time for Brendan Rodgers at Liverpool and after coming so close, there is a tinge of sadness at the way his tenure at Anfield has ended.
But the club's owners, Fenway Sports Group - have acted pretty decisively in deciding to make the change - as they did when they sacked Kenny Dalglish prior to Rodgers' appointment - but this now feels like a huge moment during their tenure as custodians of Liverpool Football Club, and for the club itself.
In many ways, the decision to sack Rodgers raises several questions about the judgement of the owners, especially after sanctioning a transfer window which saw the Liverpool manager bring in no fewer than seven players during the current window.
But that is in the past - we are where we're at. What the Reds need now is a manager who thinks he is capable of working with the group of players currently at their disposal.
Their statement made for interesting reading, particularly the quote: “Although this has been a difficult decision, we believe it provides us with the best opportunity for success on the pitch. Ambition and winning are at the heart of what we want to bring to Liverpool and we believe this change gives us the best opportunity to deliver it."
This is now shunning mediocrity, on the face of things, and signs point to the fact they want a new manager with a proven track record, someone who can lift a side and has the mentality to win the big prizes in the game.
According to several reports, including one in the Daily Telegraph, Jurgen Klopp appears to be the front runner. He is certainly a man who could unite and excite a fan base. His touchline antics showed he is the type of manager who could kick every ball (metaphorically) en route to masterminding a double Bundesliga title success and the final of the Champions League which looked so unlikely prior to his arrival.
His detractors will of course look at his final season at Dortmund where they struggled in the first half of the season and were towards the bottom of the table before they managed to recover to finish seventh and reach the final of the German Cup.
It's a huge job at Liverpool and not a quick fix. Klopp has handled a club that seems content with selling its best players for big money and has managed to revitalise the fortunes of the club. It sounds awfully familiar and he seems to be a good fit.
Failure to land either of the two targets mentioned in the reports will be a huge blot on FSG's copybook. They arrived at the club in 2010 with something of a pledge to under promise and over deliver - with the hope of restoring the club to its former glories.
In the competitive, money driven environment that is the Premier League it is difficult to do. It takes someone with energy, drive, charisma as well the tactical acumen and mentality to make a side great.
You can look back at Brendan Rodgers' reign and call the 2013/14 season a flash in the pan, but even that showed that starting the season as a 33/1 shot doesn't mean you have no hope. At the very least the new man needs to be someone who makes Champions League football a regular feature of Liverpool again. This is an appointment that Fenway Sports Group can ill-afford to get wrong.