Di Matteo learnt of his fate this morning, after Dr Tony Xia lost patience with the former Chelsea man only four months after appointing him.
Aston Villa have only won 1 of their first 11 Championship matches and after spending £50 million on players this summer it was only a matter of time before Di Matteo's job was under pressure. The final straw appeared to be the 2-0 loss away to Preston on Saturday, where the Villa players were booed off by their own fans.
The favourite for the job is Steve Bruce at 6/4, who is also in the frame to be the next England manager. Having been out of work since leaving Hull in the summer, it is unclear whether he would want to drop down to the Championship again.
Steve McClaren and Di Matteo's assistant, Steve Clarke are both priced at 8/1 but it would be difficult to see them being appointed giving their recent managerial records. Another manager that is prominent in the market at best odds of 10/1 is Sam Allardyce. Given the FA could take further action against him following the England debacle it would be a big leap of faith to appoint him at the moment as well.
All of this means Di Matteo's sacking could force the hands of clubs like Swansea, who are also reportedly interested in Steve Bruce. The international break appears the ideal time to change managers and we could see a few more coaches lose their jobs in the next couple of weeks.