Overview

• Leicester City and Ruud van Nistelrooy mutually agreed to terminate his contract with immediate effect on June 27, more than a month after their relegation was confirmed
• First-team coaches will lead pre-season training starting June 30 while the club conducts its search for a new permanent manager
• Sean Dyche has emerged as the frontrunner to replace Van Nistelrooy, with Danny Röhl and Michael Carrick also under consideration
• The club’s announcement was reportedly delayed to align with the start of the next football accounting period for financial reporting
• Owners King Power face potential points deductions for alleged breaches of Premier League Profit and Sustainability Rules ahead of the Championship campaign