Lee Bowyer is set to leave his position of manager at Charlton Athletic.
The newly-promoted Championship side have been unable to reach an agreement with him over a contract extension, as announced in a statement on their official club website.
The statement has said: “The club hasn’t started to look for any other manager in the meantime and does not intend to appoint a permanent manager, since the club is going to be sold. A caretaker manager will be announced in due course and in the meantime the other staff members will continue to prepare the upcoming season for which a lot of good work has been performed already.”
Charlton were promoted to the second tier last month after beating Sunderland in the Play-Off final at Wembley.
Bowyer, who is 42 years-old, took charge of the Addicks in March 2018, initially on a caretaker basis, but got the full-time role after guiding them to the third tier Play-Offs in his first season at the club.
The former England international then guided the London side to third place in the league in the last campaign and to Play-Off glory.
Charlton fans were hopeful that the club would be able to secure terms with Bowyer for the upcoming Championship season but it appears he will be leaving the club.
The future of the Addicks remains up in the air despite being promoted back to the second tier. They need new owners and fast.