Plymouth Argyle manager Peter Reid has been sacked following his side's dismal start to the season.
His dismissal brings the curtain down on 15 turbulent months during which time the club has faced winding up orders with from Her Majesty's Revenue and Customs, been forced to sell their best players to pay debts.
There has also been a lengthy spell in administration, which saw the Pilgrims docked ten points and subsequently relegated from League One and a threatened player strike over unpaid wages.
However, during this time, Reid conducted himself in a dignified manner. He paid the club's heating bill in November of last year after he noticed the club's office staff were working in the cold after the bill had gone unpaid.
When young fan Jack Wilkinson offered to donate his savings off 53p to help save the club, Reid invited seven-year-old Jack to meet the players before their game against Colchester last February and made him a mascot for the day and, of course, returned his 53p.
Reid also made his 1986 FA Cup Runners-up medal available to auction in a bid to raise funds to save the club towards the end of last season.
On the pitch, Reid has inherited an unsustainable wage bill, which included a number of wantaway players who were earning big money.
Players such as Damien Johnson, Steven MacLean and Marcel Seip found themselves loaned out as Argyle desperately tried to cut the cloth.
The task of team building was made impossible as in the January 2011 Transfer window Craig Noone, Bradley Wright-Phillips and Reda Johnson were sold in an attempt to settle their debts.
Administration eventually came in early March and with it the inevitable ten point penalty, which helped condemn Argyle to a second consecutive relegation.
In the summer, with talks over the sale of the club ongoing, Reid was forced to sell Joe Mason to Cardiff City and Yala Bolasie to Bristol City and was unable to agree terms with a number of his transfer targets, including Liam Dickinson and Anthony Elding, who both went elsewhere in search of better offers, because of the club's financial situation.
Reid was forced to start the season with a squad mainly made up of untried youngsters and loan signings as Argyle now find themselves bottom of League Two and five points adrift of safety.
Peter Reid has had to deal with more challenges in 15 months than many managers have or will face in 15 years.
When he asked about his reaction to the Pilgrims breaking a club record of seven consecutive home defeats following their 2-0 home defeat against Port Vale, he replied: "The club have been in Administration since March, and that hasn't happened before. That tells it's own story."
Indeed it does.
