Rafael Benitez walked away from a £6million a year contract offer after he completely lost patience with Newcastle United owner Mike Ashley.
It was announced on Monday that the Spaniard would be leaving the Tyneside club upon the expiration of his contract on June 30.
“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," read a Newcastle statement. “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.”
Last season, Benitez led Newcastle United to their highest Premier League point’s tally (45) since the 2013-14 campaign (49).
Former Birmingham manager Garry Monk leads the list as a contender to replace Benitez. Eddie Howe, the Bournemouth manager second in the list, while Manchester City assistant coach, Mikel Arteta is the third contender.
Mirror Sport reported earlier this month that ex-Manchester United boss Joe Mourinho was ready to talk if Newcastle’s potential new owner Sheikh Khaled bin Zayed Al Nehayan comes calling.