Fabio Capello has resigned as manager of England's football team.
The shock news comes after a meeting with the Italian, FA Chairman David Bernstein and FA General Secretary Alex Horne at Wembley Stadium on Wednesday afternoon.
The meeting was called after Capello voiced his objections to the FA's decision to strip John Terry of the England captaincy via a Italian TV news interview.
In a statement on the FA's website David Bernstein said: ""The discussions focused on the FA Board's decision to remove the England team captaincy from John Terry, and Fabio Capello's response through an Italian broadcast interview.
"In a meeting for over an hour, Fabio's resignation was accepted and he will leave the post of England manager with immediate effect."
Bernstein added: "I would like to stress that during [the] meeting and throughout his time as England manager, Fabio has conducted himself in an extremely professional manner.
"We have accepted Fabio's resignation, agreeing this is the right decision. We would like to thank Fabio for his work with the England team and wish him every success in the future."
The FA will hold a press conference at midday on Thursday when they are expected to discuss Capello's exit and what will happen in regard to the future.
England are due to face Holland at the end of the month, while there are just four months for a new man to be put in charge before the Euro 2012 finals in Poland and Ukraine.