Sunderland manager David Moyes has put in his resignation following the relegation of the Blacks Cats to the Championship.
Moyes, 54, has informed Black Cats chairman Ellis Short of his decision to step down.
Having finished the season with Sunderland at the bottom of the table with 24 points, the club will leave the Premier League after being present in the English top-flight for 10 years but not under Moyes’s watch.
“I would like to thank Ellis Short and the Board for giving me the opportunity to manage Sunderland and the fans for always being so passionately supportive of their club,” the former Everton and Manchester United boss said in a statement.
“I wish the players and my successor well in their efforts towards promotion back to the Premier League,”
Club owner Short said that Moyes was not taking compensation for his departure, calling it a “testament to his character”.
“I pursued the services of David Moyes for a considerable period prior to his appointment last summer, which makes the announcement of his departure difficult for everyone concerned,” said Short.
“n the days ahead we will take some time for reflection, and then focus on recruitment and pre-season as we prepare for our Championship campaign. We wish David well in the future.”
Moyes took over in July last year after Sam Allardyce left for what culminated as a very short stint as England manager.
Although this was the first time Moyes has been relegated as a manager, he could face a further deprivation of new managerial roles following his performance this season after failing to produce meaningful results at clubs including Real Sociedad, Manchester United and Everton.