Bournemouth manager Eddie Howe left the club by mutual consent following their relegation from the Premier League.
The 42-year-old has led the Cherries in more than 450 games over two spans spanning more than a decade.
The Englishman, who is leaving after speaking to club officials on Saturday, said he believed it was “the right time for the club to change”.
Bournemouth’s five-year stint in the top flight ended despite a 3-1 win at Everton on the last day of the season.
“Having spent a total of 25 years with the club as a player and manager, this decision – taken with the club – is one of the most difficult I have ever had to make,” Howe said in an open letter. to the fans. .
“However, while the affection and love I have for this football club will always remain, we collectively believe that the time has come for the club to move in a new direction.
“Bournemouth will always be in my heart, but I firmly believe the time has come for the club to change. ”
Bournemouth had gone from Ligue 2 to become an established Premier League side under Howe, who guided them to three promotions in six seasons.
But they lost 22 of their 38 games to finish 18th in the table, a safety point, and return to the league after five seasons in the Premier League.
A number of high-priced signings did not work out for the Cherries as Howe would have hoped.
Winger Jordon Ibe, who cost Liverpool £ 15million in 2016, has only made two league games in 2019-20, and striker Dominic Solanke – who arrived with a 19million contract. pounds with Anfield club in 2019 – managed three league goals in 32 games.
Cherries general manager Neill Blake said Howe was a Bournemouth legend who has helped ‘transform the club’s identity and history’.
He said the decision to separate was “even more difficult given our close personal friendship.”