Following earlier media reports, Sam Allardyce has confirmed he no longer wishes to manage Crystal Palace, and has no plans to manage again.
Allardyce replaced Alan Pardew in December with the Eagles one point above the drop zone.
He signed a two-year deal, but the 62-year-old, led the club to eight wins in 21 games and 14th place finish
“I have no ambitions to take another job”.
“I want to be able to savour life while I am still relatively young, and when I am still relatively healthy enough to do all the things I want to do, like travel, spend more time with my family and grandchildren without the huge pressure that comes with being a football manager.
“This is the right time for me. I simply want to be able to enjoy all the things you cannot really enjoy with the 24/7 demands of managing any football club, let alone one in the Premier League.”
According to reports, the former England boss revealed his decision to chairman Steve Parrish at a meeting in London on Tuesday.
Only Sir Alex Ferguson, Arsene Wenger, Harry Redknapp and David Moyes have managed more games in the top flight.
Following defeat at Old Trafford, Allardyce indicated his plans to improve the squad in the off-season. He had told BBC Sport: “We now need to grow, develop and invest. You need to choose the right players and not the wrong ones. Recruitment is the difficult task in the summer.”