Sam Allardyce admitted he was "foolish" and his behaviour did not "live up to the high standards expected of an England manager," The FA's chairman has said.
Speaking after the meeting between the former England manager and The Football Association, at which it was decided that Allardyce would leave "by mutual agreement", Greg Clarke said Allardyce's comments were "inconsistent with the position as the senior manager of England".
Mr Clarke added that the "tipping point" in the decision for Allardyce to leave came during the meeting, and that The FA was not "embarrassed" by what had happened, but "sad".
Mr Clarke continued that the recent events were "not the plan we had, but we've got to make the new plan work," confirming that Gareth Southgate will take charge of the team for the immediate future.
Sam Allardyce has said he is "disappointed" to have left his role as England manager.
His statement reads:
"Further to recent events, The FA and I have mutually agreed to part company.
"It was a great honour for me to be appointed back in July and I am deeply disappointed at this outcome.
"This afternoon, I met with Greg Clarke and Martin Glenn and offered a sincere and wholehearted apology for my actions.
"Although it was made clear during the recorded conversations that any proposed arrangements would need The FA’s full approval, I recognise I made some comments which have caused embarrassment.
"As part of today’s meeting, I was asked to clarify what I said and the context in which the conversations took place. I have co-operated fully in this regard.
"I also regret my comments with regard to other individuals."
After confirming that Sam Allardyce has left his position as England manager, by "mutual agreement" The Football Association released this statement.
"The FA can confirm that Sam Allardyce has left his position as England manager.
"Allardyce's conduct, as reported today, was inappropriate of the England manager. He accepts he made a significant error of judgement and has apologised. However, due to the serious nature of his actions, The FA and Allardyce have mutually agreed to terminate his contract with immediate effect.
"This is not a decision that was taken lightly but The FA's priority is to protect the wider interests of the game and maintain the highest standards of conduct in football. The manager of the England men's senior team is a position which must demonstrate strong leadership and show respect for the integrity of the game at all times.
"Gareth Southgate will take charge of the men's senior team for the next four matches against Malta, Slovenia, Scotland and Spain whilst The FA begins its search for the new England manager.
"The FA wishes Sam well in the future."
Sam Allardyce has left his position as England manager, the Football Association has confirmed.
In a statement the FA said: "The FA and Allardyce have mutually agreed to terminate his contract with immediate effect."
The decision follows newspaper allegations that Allardyce abused his role to negotiate a financial deal.
Allardyce, 61, leaves after The Telegraph alleged he engineered a £400,000 deal and offered "advice" about how to get around rules on player transfers.
Allardyce spent just 67 days in charge of the national side.
The Daily Telegraph will release the "relevant transcripts" to the Football Association following its investigation into alleged football corruption in which England manager Sam Allardyce was targeted by undercover reporters.
Allardyce appeared to tell reporters - who he believed to be representatives of a Far East firm - that it was "not a problem" getting around FA rules which stop third parties "owning" football players' economic rights.
A spokesperson for The Daily Telegraph said: "These run to many hundreds of pages so will take some time to collate.
"In line with our investigations protocol, some material has already been passed to the police."
England manager Sam Allardyce has finished his meeting with the FA at Wembley.
No decision has yet been made, ITV News Sports Editor, Steve Scott reports.
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