Allardyce’s behaviour was deemed “inappropriate” by the Football Association after he became embroiled in a newspaper sting in which he offered advice to bogus businessmen on circumventing rules on transfers.
He also looked to use his position as England manager to secure a £400,000 deal to act as an ambassador for a fictitious Far East firm on top of his £3m-a-year salary.
Allardyce apologised to FA chairman Greg Clarke and CEO Martin Glenn for a “significant error of judgement” during a series of emergency meetings at Wembley yesterday.
Yet despite his backtracking he paid the ultimate price and an agreement to mutually terminate his two-year contract was made after just two months at the helm.
“It was a great honour for me to be appointed back in July and I am deeply disappointed at this outcome,” said a devastated Allardyce, who admitted additional comments, including those in which he mocked predecessor Roy Hodgson as “Woy,” had caused embarrassment.