Blackpool Football Club manager Terry McPhillips is to stand down from his position with immediate effect.
McPhillips, who led the club to a 10th place finish in Sky Bet League One last season, was appointed to the role in September 2018, having previously been in caretaker charge for nine matches.
However, he intimated during talks with the board on Tuesday that he holds no long-term desire to be a manager.
Terry McPhillips said:
“While discussing the option of a new contract, I’ve had plenty of time to reflect on things and feel that the time is now right for me to step aside.
“I never really had any intention of becoming a manager, yet I stepped up in difficult circumstances last season because the club needed some stability.
“That stability has now been achieved and an exciting future awaits under Simon’s ownership.
“It’s been an honour to manage Blackpool in the short-term, and I will forever cherish the fact that I was in charge of the team when all the fans returned for the homecoming match against Southend United.
“I would like to thank the players and coaching staff for all their efforts and wish everybody connected with the club the very best of luck for the future.”
Blackpool FC Owner Simon Sadler said:
“Terry has been very gracious in his discussions with the board and we wish him well in his future endeavours. He did a very good job in guiding the club to a top-half finish last season after quickly going from assistant to manager. We’re all appreciative of his efforts.”
Executive Chairman Michael Bolingbroke added:
“I would like to echo Simon’s sentiments and thank Terry for all his help and assistance during what has been a transitional period on-and-off the pitch. He has always wanted the best for the club and can be very proud of the job he has done here.”