Roy Hodgson says England needs a new coach following its elimination from the European Championship.

Hodgson’s four-year contract was due to expire at the end of the tournament, which has ended in the round of 16 after losing to Iceland.

Hodgson says “I would have loved to stay on another two years, however I’m pragmatic and know that we’re in the results business.”

He adds his contract “was always up after the Euros, so now is the time for someone else to oversee the progress of this young, hungry and extremely talented group of players. They have been fantastic and they have done everything that has been asked of them.”