Thursday, June 03, 2010
Manager Rafa Benitez leaves Liverpool - by mutual consent
Benitez, 50, joined as Liverpool manager in June 2004 and guided the Reds to Champions League and FA Cup success the following two seasons. But last season they made an early exit from the Champions League and finished only seventh in the Premier League.
Managing director Christian Purslow and former manager Kenny Dalglish are to begin the search for a replacement. The club said there is no timeframe for an appointment and they will make no further comment until a new manager has been installed.
Benitez, who had four years of his five-year contract to run, finalised his departure after agreeing a severance payment and said he was "extremely sad" to be leaving the club.