Harry Redknapp is set to leave his position as Tottenham manager following the breakdown of his relationship with chairman Daniel Levy.
According to reports, the two parties are now discussing a compensation package after it became clear in a meeting on Wednesday with Redknapp and Paul Stretford, the agent appointed to negotiate a new contract for the 65-year-old, who had a year to run on his existing deal.
Redknapp’s departure is likely to be explained as a mutual agreement between both parties but, ultimately, the decision was made by Levy after the former Portsmouth boss made it clear he felt his time was up but refused to resign.
Everton boss David Moyes is the hot favourite to replace Redknapp at Spurs.
Redknapp guided Tottenham to fourth place in the English Premier League last season, although they missed a spot in the Champions League after Chelsea beat Bayern Munich in the final last month.
On Tuesday night, Redknapp was adamant he was not leaving the club.
“No, I haven’t resigned, and I have no idea why it is being suggested that I have resigned,” he told ESPN.
“This is an outrage; an absolute liberty for people to be putting around this kind of rumour on the internet.
“It is not true, there is not a chance I will resign. Why should I?
“I have a year left on my contract.”
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