Simon Grayson was sacked 17 minutes after the whistle
The Sunderland fans had taunted Grayson with chants of 'you're getting sacked in the morning' – but their wish was granted even earlier than that.
Sunderland, third bottom after the point against Bolton moved them up a place, are in danger of sliding further down the leagues after being relegated from the top flight last year.
And after equalling an English record for home games without a win the club moved to ae Grayson.
Chief executive Martin Bain said: “Simon and his team have worked tirelessly to achieve the best for the football club during their time here.
“While we hoped that Simon’s experience in the Football League would help us to a successful season, results have not been good enough for a club of this stature.
“In order for us to improve upon our current position we believe a fundamental change is necessary.”
Bolton held Sunderland to a 3-3 draw tonight
Grayson took charge of the Black Cats in June, replacing ex-Manchester United boss David Moyes.
But the 47-year-old paid the price for failing to turn around a slump that sees Sunderland in real danger of back-to-back relegations under wantaway owner Ellis Short
Grayson won only one league match in his time as boss, a 3-1 win away to Norwich on the second day of the season.
Sunderland are facing the prospect of back-to-back relegations as they sit two points from safety in the second tier and are looking for their ninth manager in six years.
Ex-Newcastle man Sammy Ameobi scored against the Black Cats
Grayson swapped the safety of Preston North End in the summer to take charge at the Stadium of Light.
The 47-year-old enjoyed relative success while in Lancashire, guiding Preston to promotion to the Championship.
Grayson established the Lilywhites in the division before switching to Sunderland.
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Former Sunderland manager Roy Keane was at the Stadium of Light at the weekend and supporters would love to see the Irishman return for a second spell in charge, even though the Irishman was back on Wearside in his capacity as Martin O'Neill's Republic of Ireland number two.
Sunderland twice came from behind to snatch a point thanks to a late leveller from Northern Ireland midfielder Paddy McNair – the substitute firing home from the edge of the box for the final goal of Grayson's ill-fated reign. Lewis Grabban scored either side of the break with confident close range finishes – but supporters were already calling for the manager's head.
Their wish for a morning departure were quickly overtaken as club officials issued a statement less than 15 minutes after the final whistle to spell further turmoil for a club that dropped out of the Premier League in May after a decade in the top flight. Bolton were almost an afterthought – they remain bottom, but left the North East wondering how they had failed to register a first away win for six months.
Former Newcastle forward Sammy Ameobi put them ahead from long range, with Gary Madine and Karl Henry both finding the net after the break. But they were pegged back by McNair's late strike to leave Phil Parkinson a frustrated man.
The Bolton boss expressed sympathy for Grayson, who adds this sacking to the ones he suffered at Leeds and Huddersfield.
Parkinson said: "I feel for Simon because he's a tremendous manager with a great record.
"Anybody who came into this club would find it a tough challenge changing that mentality round is difficult but he'll be back in management sooner rather than later. I just shook hands with him as you normally do afterwards but there wasn't a chance to go for a drink with him afterwards. I'll give him a call later in the week."