HOLGER Osieck has paid the price for a second consecutive 6-0 thrashing, fired as Socceroos coach straight after Australia lost to France in Paris.

An angry Osieck was told by Football Federation CEO David Gallop that he leaves with immediate effect, assistant coach Aurelio Vidmar to take the side for Tuesday's friendly with Canada.

Gallop then addressed the team itself, making clear that while Osieck had been held accountable, the team had to be too after following last month's 6-0 destructon by Brazil with another aimless display.

FFA intends to have its new man in place before games it is trying to line up in November, with Gallop himself to lead an urgent review of potential candidates.

Most have had discreet contact from FFA officials in recent weeks, with FFA now to weigh up whether to bring in an overseas coach through to the World Cup or go for a local candidate.

FFA Chairman Frank Lowy said the long-term interests of Australian football were paramount in making the change.

"The decision is based on the longer term issues of the rejuvenation of the Socceroos team and the preparations for the World Cup and the Asian Cup," Lowy said.

media_camera A dejected Holger Osieck during the disastrous friendly against France.

"FFA has set a strategic objective of having a highly competitive team in Brazil and then handing over a team capable of winning the Asian Cup on home soil in January 2015.

"We have come to the conclusion that change is necessary to meet those objectives

"I thank Holger for his contribution to Australian football and wish him well in his future endeavours."

The FFA will also conduct a review of their World Cup planning.

"The World Cup kicks off in eight months and the Asian Cup is 15 months away. We are determined to make the most of the historical opportunities that these tournaments present to Australian football," FFA CEO David Gallop said.

"FFA will give the highest priority to these projects because the Socceroos are the standard bearers for Australia on the world stage."

A defiant Osieck earlier told Fox Sports after the match that he would not stand down from his post, with the World Cup less than nine months away.

"That’s not my call," Osieck said

"Two heavy losses of that extent gives some food for discussion (about my job)."

"The merits of the past are forgotten when this happens."

Fox Sports experts and former Socceroos Mark Bosnich and Robbie Slater disagreed, calling on the coach to take responsibility for the recent failings and fall on his sword.

"Holger should do the right thing, put his hand up, say it’s not working, and walk away," Bosnich said.

Slater said that was unlikely to happen, and that Football Federation Australia needed to take charge

"He's too proud a man to resign. They need to sack him," Slater said.

Bosnich also questioned whether the German coach had lost the trust and respect of his players.

Osieck, who took over the top job in the aftermath of the 2010 World Cup, said the only thing that mattered was his players' exploits on the pitch.

"I don't know (if players are behind me), but it doesn’t matter, they have to perform," Osieck said.

"This is a good moment to see where we stand."

"We are far away from international standard, but we shouldn’t drop our heads."

The Socceroos next play Canada in a friendly on Wednesday morning (EST).

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Originally published as Holger sacked after France farce