The Football Association, FA, has accepted Roy Hodgson’s resignation as manager of the national team and “will discuss next steps imminently.”
Hodgson announced his resignation as England coach, after they were eliminated from the 2016 European Championship.
Wayne Rooney gave England the lead from the spot, but Iceland fought back and scored twice to dump the Three Lions out of the tournament.
A statement from the FA read: “Like the nation, we are disappointed to lose this evening and that our run in Euro 2016 has come to a premature end. We had high hopes of progressing through to the latter stages of the competition and accept that we have not met our own expectations or those of the country.
“We back Roy Hodgson’s decision to step down as England manager and will discuss next steps imminently.
“For now, we congratulate Iceland for reaching the quarter final and wish them well against France at the weekend.
“Finally, our sincere thanks go to the travelling fans for their incredible support tonight and to everyone back home for getting behind the team.”