Yahoo Finance Hodgson Quits After England Lose To Iceland
Roy Hodgson has resigned after England were knocked out of Euro 2016 - suffering a humiliating 2-1 defeat to minnows Iceland.
Wayne Rooney put England a goal ahead with a penalty after just four minutes but Ragnar Sigurdsson equalised for Iceland almost immediately.
Joe Hart was at fault when Kolbeinn Sigthorsson scored the second goal for Iceland - a nation of 330,000 people playing in their first European Championships.
Hodgson brought on Jack Wilshere, Jamie Vardy and Marcus Rashford in the second half but England rarely threatened to score.
The manager's contract was due to expire after the tournament and he confirmed he would quit in his post-match press conference, where he read a pre-prepared statement.
He said: "I would have loved to stay on for another two years. However, I am pragmatic and I know we are in the results business.
"My contract was always up after the Euros, so now is the time for someone else to oversee the progress of this young, hungry and extremely talented group of players."
Hodgson confirmed his assistants Ray Lewington and Gary Neville would also be leaving their roles.
Iceland, the surprise package of the tournament, will now face hosts France in the quarter finals.
England fans outnumbered those from Iceland in the stadium and in Nice's Place Massena but their team gave them very little to cheer about.
England fan Wayne Johnstone, 47, from Manchester, said: "At the end of the day, we just couldn't get a goal. It's just heartbreaking.
"My fiancee is French and I was hoping we'd win and there would be a game between England and France in the quarter-final but it isn't to be.
"I won't hear the last of it when I get back. I'll be in for plenty of stick."
Joe Fowler, from Bradford, said: "England were absolutely shocking. They don't deserve to be at the tournament. Every round they've played, they've been diabolical. They do not play as a team and it's upsetting."
The Football Association backed Hodgson's decision and said it would imminently start the process to find his successor.
Bookies installed Gareth Southgate - currently manager of England's U21 side - as the favourite to take over.
