Neil Warnock has agreed to step down as Sheffield United manager, according to Sky Sports News.
The news is expected to be confirmed at a press conference later this morning.
Warnock had a meeting on Tuesday with club officials - who are believed to be reluctant to end his seven-and-a-half year tenure - having indicated after Sunday's relegation he would take a number of days to consider his future.
He indicated last week he was unhappy with the club's new contract offer, which has now dropped significantly in light of the Blades' relegation.
Had Warnock kept his side in the Premiership he would have been offered a reported £750,000 deal, which is now reportedly worth £450,000.
The news is expected to be confirmed at a press conference later this morning.
Warnock had a meeting on Tuesday with club officials - who are believed to be reluctant to end his seven-and-a-half year tenure - having indicated after Sunday's relegation he would take a number of days to consider his future.
He indicated last week he was unhappy with the club's new contract offer, which has now dropped significantly in light of the Blades' relegation.
Had Warnock kept his side in the Premiership he would have been offered a reported £750,000 deal, which is now reportedly worth £450,000.