Newcastle United have announced that Rafa Benitez will leave his role at the end of his contract this month.
The club and Benitez have been in talks over a new deal for months, but there has been no agreement between Mike Ashley and managing director Lee Charnley and the 59-year-old will leave on June 30.
Last month Benitez, who has the vocal backing of the club’s fans, had indicated his willingness to stay – but only if the club shared his vision for the way forward.
“We have a meeting coming soon, hopefully and then we will see where we are,” said Benitez. “Someone will ask me the question, do I want to stay?
“It’s very easy. I can see the potential of this massive club and hopefully we can do things in a way that will be good for everyone to move forward, maybe together.
“At the moment, it’s just keep talking and see what happens next week.”
A statement read: “We have worked hard to extend Rafa’s contract over a significant period of time, however it has not been – and will not be – possible to reach an agreement with Rafa and his representatives.
“Rafa’s coaching staff, Paco de Míguel Moreno, Antonio Gómez Pérez and Mikel Antia, will also leave the club on 30th June.
“We would like to thank Rafa and his coaching team for their efforts over the last three years and their significant contribution to what has been collectively achieved.
“We would also like to thank our supporters, players and staff for their patience during a period of uncertainty.
“The process to appoint a successor will now begin.”
Newcastle made it clear that their sole intention was to extend Benitez’s stay and find an agreement over a new deal, but that has not happened.
In April TEAMtalk revealed that a number of ‘big names’ had made it clear via their agents that they would be keen on replacing the Spaniard with Lyon boss Bruno Genesio, Dutchman Fred Rutten and Man Utd’s Michael Carrick all mentioned.
It is with disappointment that we announce manager Rafael Benítez will leave Newcastle United upon the expiry of his contract on 30th June 2019.
— Newcastle United FC (@NUFC) June 24, 2019