David Moyes has left West Ham United.
The Scot managed to keep the Hammers in the Premier League after being named as Slaven Bilic’s replacement in November.
Moyes held talks with the club’s board following the final day clash with former club Everton.
He had hoped to stay on but the Hammers want to bring in a new boss with Unai Emery and Paulo Fonseca both linked.
Joint-Chairman David Sullivan said: "I would like to place on record my sincere thanks to David Moyes and his staff for achieving the target of keeping West Ham United in the Premier League.
"Throughout his time here, David has carried himself with dignity and honesty and we have all found him to be a pleasure to work with.
"He, Alan, Stuart and Billy accepted the challenge and attacked it head on, turning around a difficult situation. They deserve great respect for the job they have done and they leave the Club with our best wishes.
"When David and his team arrived, it was the wish of both parties that the focus be only on the six months until the end of the season, at which point a decision would be made with regards to the future.
"Having taken stock of the situation and reflected now the campaign is complete, we feel that it is right to move in a different direction.
"We are already taking steps to identify and recruit the manager we believe can take West Ham United forward in line with our ambitions. We aim to appoint a high-calibre figure who we feel will lead the Club into an exciting future for our loyal supporters within the next ten days."
Emery will leave PSG at the end of the season while Shakhtar boss Fonseca continues to be tipped to move to the Premier League.
He has also been linked with Everton but West Ham remain interested.
Both managers are expected to hold talks in the coming days while Rafael Benitez is also in the frame.
Former Manchester City boss Manuel Pellegrini is another name linked with the job.
The Hammers were in real danger when Moyes was appointed and the former Everton and Manchester United boss has improved his reputation at the London Stadium.
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