Well being the great manager I am, I have never been sacked, therefore never experiencing this but I am now starting a game with Accrington Stanley so my nightmare may come true.
Depends on what my reputation is, if it was good, then I would carry on.
I have just started playing, and I have Been sacked before. But I continued..... I never continue very long before starting a new game. I am not very good. but I am working on it.