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Roy Hodgson resigns as England boss after loss to Iceland

England v Iceland - Round of 16: UEFA Euro 2016

NICE, FRANCE - JUNE 27: Roy Hodgson manager of England looks on dejected during the UEFA EURO 2016 round of 16 match between England and Iceland at Allianz Riviera Stadium on June 27, 2016 in Nice, France. (Photo by Laurence Griffiths/Getty Images)

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Roy Hodgson is no longer the manager of the England national team.

After bowing out of EURO 2016 in a shocking loss to Iceland, Hodgson announced his decision to step down as boss in his post-match press conference.

[ RECAP: England 1-2 Iceland ]

Reading a pre-written statement, Hodgson said it was now “time for someone else to oversee the progress of this young, hungry, and extremely talented group.”

We are out of the Euros so now is the time for someone else to oversee the progress of a hungry and extremely talented group of players. They have done fantastically, and done everything asked of them. When I arrived I was told that players would not turn up or pull out at the last minute but I haven’t seen any of that.

Gary Neville and Ray Lewington have asked me to speak on their behalf. They arrived with me and will leave with me and I’d like to thank them for the major part they have played in team preparations. Finally, I want to thank the support staff at the FA, and the fans.

It’s been a fantastic journey the last four years, I will look back on it with pride. I want to thank the media for the support you’ve given me for in the last four years. I’m sorry it’s ended in another exit but these things happen and I wish you the very best and I hope you can still see a England team in a final of a major tournament very soon, something that we have been unable to deliver.

Hodgson’s contract with England expired at the end of this tournament, but there was some talk he could be extended with a good showing in France.

[ MORE: Three things we learned from Iceland’s win over England ]

However, Hodgson now leaves on an extreme low.

After taking charge of the Three Lions in 2012, England has struggled to perform in major tournaments. After reaching the quarterfinals at EURO 2012, the side was eliminated in the group stage of the 2014 World Cup before falling to Iceland in one of the worst losses in English history at EURO 2016.