Steve Coppell is set to take a break from the game after stepping down as manager of Reading following their play-off defeat at the hands of Burnley.
The 53-year-old had hoped to lead the Royals back to the Premier League, but stepped aside after a 3-0 aggregate reverse to the Clarets.
He told reporters: "Given the result it seemed the right thing to do and the right timing.
"Last season I made a decision to continue and wanted to erase relegation from our minds by getting us back into the Premier League.
"My sole intention was to get promotion - that was my reason for continuing.
"I thought we were good enough, but it just wasn't meant to be and it's time for someone else to have a fresh appraisal of the squad. It's right for the club and right for me.
"I think it's time for a break. I've done eight years on the bounce as a manager and you never get chance to draw breath.
"I'll enjoy a break with a view to coming back to management in the future. You never know when that will be, but that is my intention."