Sam Allardyce has left Everton as manager with a year left on his contract.
Allardyce has failed to receive widespread approval from Everton fans, despite guiding the club to safety and eighth place last season following a dismal run under Ronald Koeman.
Chairman Farhad Moshiri is now likely to move for Portuguese manager Marco Silva, who was fired by Watford after an approach from the Toffees last season.
A club statement from Professor Denise Barrett-Baxendale read: “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 are likely to still be required to pay compensation for Silva, should they opt for the former Hull boss, after the Hornets rejected a £10m offer last summer.
Allardyce admitted after his final game in charge that he felt that he had done all he could to convince the club he was the man to guide the Toffees moving forward.
“It’s my job to turn that around. My job is to get better results for Everton, get better players, and play better. Then those fans enjoy their football a little bit more than they are at the moment.
“I’ve done all that I can, the backroom staff have done all that they can, and the players have done all that they can. In the January window, Farhad [Moshiri] backed us up with two very important signings [Theo Walcott and Cenk Tosun].
“Both have been successful in what they’ve done and it’s helped us get into the position we’re in. Who knows what’s going to happen next.
“The season’s finished and I’m going to have a meeting with Farhad this week and then I’m going on my holidays.”
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