Harry Redknapp is to leave his post as Tottenham manager, the club announced this morning.
Redknapp and agent Paul Stretford spent yesterday in negotiations with chairman Daniel Levy and it became clear last night the former Portsmouth boss was close to ending his three-and-a-half-year tenure at White Hart Lane.
The 65-year-old had 12 months left on his contract and is understood to have been unhappy with Levy's failure to offer him a new three-year deal.
Levy told the Spurs website: "This is not a decision the board and I have taken lightly. "Harry arrived at the club at a time when his experience and approach was exactly what was needed.
"This decision in no way detracts from the excellent work Harry has done during his time with the club and I should like to thank him for his achievements and contribution. Harry will always be welcome at the Lane."
Redknapp added: "I have thoroughly enjoyed my time at Spurs and am proud of my achievements.
"I have had a fantastic four years with the club, at times the football has been breathtaking.
"I am sad to be leaving but wish to thank the players, staff and fans for their terrific support during my time there."
Negotiations over a new deal for Redknapp have stalled since the start of the year when Redknapp, who guided Spurs to fourth place in the Premier League last season, was linked with the then vacant England manager's job.
Redknapp took charge of Tottenham in October 2008 following the sacking of Juande Ramos, with the club having taken just two points from their first eight games.
Redknapp led them to an eighth-place finish and an appearance in the League Cup final, which they lost to Manchester United.
In his first full season in charge, he guided Spurs to fourth position taking them into the UEFA Champions League for the first time.
Spurs played some exhilarating football on their way to the quarter-finals, before being knocked out by Real Madrid.
Since then Redknapp has twice failed to secure Champions League football at White Hart Lane, albeit with a touch of misfortune this season as Chelsea snatched the last available place away from them with their win over Bayern.
That capped a dramatic season for Redknapp, who underwent a heart procedure in November, was cleared of tax evasion in February and missed out on the England job in May.
