Andre Villas-Boas has parted company with Tottenham Hotspur after almost 18 months in charge. The Portuguese departs the club following a 5-0 defeat at the hands of Liverpool at White Hart Lane in the English Premier League yesterday.

"The club can announce that agreement has been reached with head coach, Andre Villas-Boas, for the termination of his services," a statement posted on the club's official website read. "The decision was by mutual consent and in the interests of all parties. We wish Andre well for the future."

The 36-year-old was appointed Tottenham's head coach in July 2012, having been sacked by Chelsea four months earlier. He led the club to their highest points tally of the Premier League era, but missed out on qualification for the UEFA Champions League to arch-rivals Arsenal. 

Villas-Boas then oversaw a huge overhaul of the first team squad in the summer, with Gareth Bale departing to Real Madrid and a number of players arriving, including Roberto Soldado, Christian Eriksen, Erik Lamela and Paulinho.

His departure comes with Spurs five points adrift of the qualification spots for the Champions League, in seventh place in the Premier League. Despite the club recently progressing to the UEFA Europa League knockout stages, the defeat to Liverpool, added to a 6-0 thrashing at Manchester City last month and the club's poor goalscoring form in the league, forced the club's hierarchy into action.