Mönchengladbach - Lucien Favre has stepped down as Borussia Mönchengladbach head coach with immediate effect, the club confirmed on Sunday evening.

The news comes with the Foals sat bottom of the table after losing all five of their Bundesliga outings so far this season.

Gladbach sporting director Max Eberl, however, said: "just as we were before, we’re convinced that Lucien is the ideal coach for Borussia and together with him we would have got through what’s currently a very difficult period."

Roller-coaster ride

Favre took over at Gladbach in February 2011 with the Foals propping up the standings, seven points adrift of Bundesliga safety. After securing the North Rhine-Westphalian outfit’s place in Germany’s top tier via the relegation play-off, the Swiss tactician surpassed all expectations in 2011/12 by taking the club into the UEFA Champions League play-offs.

Gladbach finished eighth in 2013/14, but made history the following season by qualifying directly for the Champions League for the first time. Their maiden outing in the group stage of the competition ended in a 3-0 defeat to Sevilla FC on Tuesday, however.