Big Sam Sacked by Everton

Everton end ties with Allardyce

"We have made the decision that, as part of our longer-term plan, we will be appointing a new manager this summer", said new chief executive Denise Barrett-Baxendale. Sam was brought in at a challenging time last season to provide us with some stability and we are grateful to him for doing that.

Sky Sports reported yesterday that the 63-year-old will be informed at a meeting with majority shareholder Farhad Moshiri as early as Wednesday, that his services are no longer required as Moshiri reacts to fans' growing discontent with the former England manager.

"I can't quite say confident after all the rumours I'm reading in the paper", said Allardyce, when questioned about his future.

Sam Allardyce has been left "shocked", "disappointed" and "disgusted" by his Everton exit.

He added, "generally there's no smoke without fire".

Former Watford and Hull City manager Marco Silva is apparently the Goodison Park club's preferred choice to replace Allardyce. Despite moving up to eighth place, there are protests from fans about Allardyce and his style of play while chairman Bill Kenwright apologises after a fan survey includes a question about the manager.

Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions
Turmoil in the Middle East and USA trade sanctions against major oil producer Iran have recently supported crude. Brent , the worldwide benchmark, rose as much as 1% at $79.47 per barrel around 8:30 a.m.

Asked about the situation, Allardyce hit out at the club.

'They must have been in the pipeline for a considerable time but no-one thought to tell me and my staff.

Marco Silva is thought to be the frontrunner for the Everton post once more, despite their approach for the then-Watford boss a year ago causing acrimony between the two clubs and preceding the Portuguese coach's departure from Vicarage Road.

Whoever is appointed, Stubbs says they face a huge summer as they look to amend the mistakes Everton made in previous transfer windows, having had little to show for the nearly £300million spent since Farhad Moshiri's takeover.

A change in manager could also affect Wayne Rooney's future at the club.

The former England striker, 32, has agreed a deal in principle that could see him leave for Major League Soccer side DC United this summer in a £12.5m deal.

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