Dec 30 (Reuters) - Former Italy coach Cesare Prandelli has resigned as manager of Valencia after one win in eight Liga matches in charge, the Spanish La Liga club said on Friday.
Prandelli, who had signed until June 2018 with Valencia's Chinese owners in October to become their ninth coach since 2012, is negotiating the termination of his contract.
"Cesare Prandelli has communicated to Valencia Club de Futbol his irrevocable decision to resign from his position as coach, as of Friday, December 30th," the club said in a statement.
"'Voro' Gonzalez will take over in charge of the first team squad," they said.
After a 2-1 win over Sporting Gijon in his first match in charge, Valencia have lost four and drawn three, languishing in 17th place in the La Liga standings with 12 points from 15 games, above the relegation zone only on goal difference.
Reporting by Rex Gowar, editing Ed Osmond