Everton have confirmed the departure of manager Sam Allardyce after six months at Goodison Park.
Allardyce, 63, has another year left on his contract, but met the club’s major shareholder Farhad Moshiri on Wednesday morning when his departure was confirmed.
In a club statement, CEO Professor Denise Barrett-Baxendale said: “On behalf of the Chairman, Board of Directors and Mr Moshiri, I’d like to thank Sam for the job he has done at Everton over the last seven months. Sam was brought in at a challenging time last season to provide us with some stability and we are grateful to him for doing that.
“However, we have made the decision that, as part of our longer-term plan, we will be appointing a new manager this summer and will be commencing this process immediately. Again, we’d like to place on record our sincere thanks to Sam for his work with us over the last few months and wish him well for the future.”
Everton, who were 13th in the Premier League when Allardyce arrived, finished the season in eighth.
According to reports, the former England manager will receive a £6 million pay-off from the Premier League club.