Leicester City have been relegated to League One just 10 years after they were crowned as Premier League champions.
The Foxes’ relegation to the third-tier was confirmed on Tuesday following their 2-2 draw with Hull City.
Gary Rowett, who replaced Marti Cifuentes as manager in February, will leave when his deal expires at the end of the season, per Ben Jacobs.
The Midlands club want to explore other options to make an immediate return to the second-tier, while Rowett also prefers to depart.
Leicester have seen a sharp decline since lifting the FA Cup trophy in 2021 under Brendan Rodgers.
They made an immediate return to the Premier League after losing their survival battle in 2022-23.
But their stay in the English top-flight was short-lived, as they suffered the drop to the Championship last season.
Leicester were tipped to return quickly to the Premier League, but they now have to endure the ignominy of back-to-back relegations.
The Foxes needed to win against Hull City to give themselves any chance of survival.
The hosts made a brilliant comeback in the second-half after conceding an early goal.
Jordan James levelled the scores from the penalty spot before Luke Thomas put his side ahead with a close-range volley.
But Oli McBurnie’s clinical equaliser after the hour mark ultimately sealed Leicester’s fate.
Leicester have had to deal with strict punishment this season, having been docked six points due to breaching the Profit and Sustainability Rules.
But their performances have also been awful, especially during the second-half of the season.
