Tim Sherwood had the best win percentage of any Tottenham Hotspur manager in the Premier League era.
The 45-year-old, who replaced Andre Villas-Boas in December, ended the season with a win percentage of 59% after guiding Spurs to a sixth-place finish and Europa League qualification.
Sherwood had described feeling like a school "supply teacher" last week as speculation that he would be replaced mounted.
Sherwood played nearly 100 league matches in midfield for Spurs after winning the Premier League with Blackburn Rovers, and rejoined the club as assistant first-team coach in 2008 before progressing through the ranks to land his first senior management role.
More top news
The Cranberries singer Dolores O'Riordan has died in London at the age of 46, her publicist has confirmed.
The body of the girl, who has only been named as Baby M by officers, was discovered at the edge of Manor Park in Aldershot.
It may be a small start but London has finally managed to improve its air pollution record by targeting the most polluted roads.