Newcastle United have confirmed that Rafael Benitez will leave the club when his contract expires on June 30.
The Spaniard had held talks over a new deal but have failed to reach an agreement.
Magpies fans had been hopeful that the 59-year-old will remain at the club, but the former Chelsea & Liverpool boss will now be departing St James’ Park.
It is with disappointment that we announce manager Rafael Benítez will leave Newcastle United upon the expiry of his contract on 30th June 2019.
— Newcastle United FC (@NUFC) June 24, 2019
The 59-year-old had been in talks over a new deal but will now leave the club after failing to reach an agreement.
Benitez leaves Newcastle after three successful years in charge at St James’ Park.
Benitez first took over from Steve McClaren in March 2016, with the club 19th in the Premier League.
He could not save Newcastle from relegation but stayed in charge and guided the club to an immediate return to the Premier League, winning the Sky Bet Championship title.
He went on to navigate two mid-table finishes since their return to the top flight, Benitez wanted the tools for Newcastle to compete for a European qualification place and potentially lift a domestic trophy.
Newcastle United will now be in search for a new Head Coach.