Fabio Capello has issued a statement following his resignation in which he thanks the Football Association and and England players for their professionalism during his tenure.
Capello’s resignation was accepted late yesterday by executives from the FA, hours after Redknapp, the bookmakers’ favorite to replace him, was cleared of tax evasion in a trial in London.
The Italian took the decision after the governing body removed John Terry as team captain without consulting him.
"I would like to thank all players, staff and Football Association for the professionalism they have shown during my years as manager of the English National Team," Capello said in a short statement.
"A very special thanks to all the supporters: they've always supported the team and me in our job. I wish all of them every success in achieving all their sporting goals."
Since Capello's departure, the FA has confirmed that U21 manager Stuart Pearce will take charge of England for the friendly against Holland on February 29 while the board looks for a permanent replacement.
Bernstein told a press conference at Wembley: "I can announce that Stuart Pearce will manage the England team against Holland.
"He has huge experience outside and inside the organisation. He has been working with the under-21 team and has been working with Fabio for some time. I have got great confidence in Stuart, we will be in good hands.
"Our priority then will be to appoint a new England manager."
