Valencia Sack Gracia As Coach After Miserable Season
Valencia are 14th in La Liga after six games without a win but Gracia had steered them clear of the bottom three, a feat in itself after the club sold several key players last summer.
They are currently six points above the relegation zone.
"The Club wants to publicly thank him for his work and dedication during these months leading the team and wishes him the best of success for the future.
"Salvador Gonzalez 'Voro' will lead the first team on a provisional basis." Valencia have endured a miserable season to continue the club's decline under the unpopular leadership of owner Peter Lim and president Anil Murthy.
Gracia's job was made more difficult when the club made no signings last summer while allowing the likes of Ferran Torres, Rodrigo Moreno, Daniel Parejo and Francis Coquelin to leave. Parejo and Coquelin joined rivals Villarreal.
In September, Gracia criticised the club's activity in the transfer window and even considered resigning, according to reports in the Spanish press at the time.
Three wins in the first 18 La Liga games had Valencia sitting in the bottom three in January but a slight improvement in results was enough to edge them away from the relegation zone, before another dip in recent weeks.