Southgate, 53, has managed England for 102 games over his eight-year tenure. His contract was set to expire later this year. Reflecting on his time in charge, Southgate said, "As a proud Englishman, it has been the honour of my life to play for England and to manage England. It has meant everything to me, and I have given it my all. But it’s time for change, and for a new chapter."

Southgate is only the second manager after 1966 World Cup winner Sir Alf Ramsey to lead the England men's team to a major tournament final. Under his leadership, England reached the World Cup semi-finals in 2018 and the quarter-finals in 2022.

Despite the progress, pressure mounted on Southgate this summer, with many fans believing he was not maximizing the potential of a talented group of attacking players. Frustration peaked after a 0-0 draw with Slovenia, securing England's place in the knockout phase, during which some supporters threw plastic cups at him. However, he regained support with England's run to the final.

"The squad we took to Germany is full of exciting young talent and they can win the trophy we all dream of," Southgate added. "We have the best fans in the world, and their support has meant the world to me. I’m an England fan and I always will be. I look forward to watching and celebrating as the players go on to create more special memories and to connect and inspire the nation as we know they can. Thank you, England – for everything."