Sam Allardyce has left Crystal Palace after discussions with chairman Steve Parish.
The story, broken by the Daily Mail’s Matt Law, claims that Allardyce sought assurances from Parish at a meeting on Tuesday, and failed to gain the requisite answers he needed.
Other reports suggest that the Palace chairman refused to sanction moves for both Jermain Defoe and John Terry.
Allardyce was appointed by Palace as replacement for the sacked Alan Pardew, and kept the club up despite initially struggling. Palace’s safety was confirmed in their final home game, against Hull City.
“I have no ambitions to take another job,” Allardyce said in a statement.
“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.”
Big Sam has immediately been installed as favourite to be Sunderland’s next manager.