West Ham confirm Allardyce departure
West Ham United have confirmed Sam Allardyce will not continue as their manager next season.
The former Bolton boss' contract runs out in the summer and the London club will not renew it.
"I think it's right for both the club and myself," Allardyce said after the loss to Newcastle.
"My time has been a fantastic time. I've really enjoyed the London scene, I've really enjoyed managing the club and I've really enjoyed the success we've gained from the period of time we've been together."
He took over a relegated side in 2011 and led West Ham to promotion back to the Premier League in his last season, which he called "one of the most difficult tasks you will face".
"To move on from there and stabilise it for the big move to the new stadium is what I've done," Allardyce said on Sky Sports News.
"I've delivered everything that's been asked of me, I've enjoyed doing it.
"We've built the team to get stronger and stronger, even though we're disappointed with the last quarter of the season.
"Overall we've had a fantastic journey together: the players, my staff, the owners, the fans and everyone concerned with West Ham.
"They should hopefully look forward to a bright future.
"For me it's time to get out, get away, think about me and only me and the family for a change."
Allardyce could be back in management next season if the right offer comes along, saying that it "depends what the challenge is".
"There's no desperate need for me to be jumping back into this game," he said.