Newcastle have announced that Rafael Benitez will leave the club upon the expiry of his contract on June 30, 2019.
The 59-year-old Spaniard failed to agree on a new deal with the club, and will now leave to seek fresh challenges elsewhere.
The full statement read;
"It is with disappointment that we announce manager Rafael Benitez will leave Newcastle United upon the expiry of his contract on June 30, 2019,"
"We have worked hard to extend Rafa's contract over a significant period of time, however, it has not been - and will not be - possible to reach an agreement with Rafa and his representatives,"
"Rafa's coaching staff, Paco de Miguel Moreno, Antonio Gomez Perez, and Mikel Antia, will also leave the club on June 30,"
"We would like to thank Rafa and his coaching team for their efforts over the last three years and their significant contribution to what has been collectively achieved,"
"We would also like to thank our supporters, players, and staff for their patience during a period of uncertainty,"
"The process to appoint a successor will now begin,"
The former Liverpool and Real Madrid manager leaves Newcastle after three seasons in charge, having taken over from Steve McClaren in 2016 with the club in the relegation zone.