Harry Redknapp has parted company with Tottenham Hotspur, sources close to the club have indicated.

Sky Sports News is reporting that the manager will step down this evening (June 13) after failing to strike up a new deal with the club's board.

Redknapp held crisis talks with chairman Daniel Levy earlier today but failed to agree an extension to his contract, which was due to run until next summer.

Everton's David Moyes has been named as the bookmakers' favourite to succeed Redknapp. Other candidates include Wigan Athletic's Roberto Martinez, and Jurgen Klinsmann.

An official announcement on Redknapp's departure is expected to be imminent.