England football bosses are speaking for the first time about the details surrounding the resignation of Fabio Capello.
Chairman David Bernstein and general secretary Alex Horne are holding a news conference to explain how the FA wants things to progress after the Italian's departure.
Fellow Club England members Sir Trevor Brooking and Adrian Bevington are also present at the conference.
Capello has issued a brief statement, saying: "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.
"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 achieve all their sport goals."
It comes after Harry Redknapp told Sky News he had not thought about the England job.
The Spurs boss said when questioned about the vacant post: "I've not even thought about it. I've got a job to do. We've got a big game (on) Saturday with Tottenham.
"Tottenham is my focus."
When asked about Capello's shock resignation the day before, he added: "I was shocked. I didn't expect that to happen.
"We knew he was going to leave in the summer but we didn't expect that to happen now."
Capello quit the £6m-a-year post following a meeting with the pair at Wembley on Wednesday evening.
The manager, 65, who earlier this week publicly condemned the FA's decision to strip John Terry of the England captaincy , resigned with immediate effect.
They will be quizzed about whether Capello was forced out or fell on his sword, as well as the FA's plans for the European Championships just four months away.
A simple interim measure ahead of a friendly against World Cup finalists Holland on February 29 would be to put England under-21 manager Stuart Pearce in charge.
This would give the FA breathing space to pursue the man who will lead England to Poland and the Ukraine for Euro 2012.
Spurs manager Redknapp - having been cleared by a jury of tax evasion on the very same day as Capello's resignation - is the favourite to take on the job.
Redknapp may feel a duty to continue his commitment to a club that has stuck by him during what he described on Wednesday as a five year "nightmare".
But the 64-year-old may also believe that, in the circumstances, he can lead England in the summer.
England striker Wayne Rooney has already given Redknapp his backing, writing on Twitter: "Gutted capello has quit. Good guy and top coach. Got to be english to replace him. Harry redknapp for me [sic]."
Former England captain Rio Ferdinand tweeted: "I think we need an English manager now, we don't need anything else lost in translation....Harry Redknapp would be my choice by a distance."
The FA issued a brief statement on Wednesday night but has so far released few details of its crunch summit with Capello.
It said: "The discussions focused on the FA board's decision to remove the England captaincy from John Terry, and Fabio Capello's response through an Italian broadcast interview .
"In a meeting, for over an hour, Fabio's resignation was accepted and he will leave the post of England manager with immediate effect."
Mr Bernstein added: "I would like to stress that during today's meeting and throughout his time as England manager, Fabio has conducted himself in an extremely professional manner.
'We have accepted Fabio's resignation, agreeing this is the right decision. We would like to thank Fabio for his work with the England team and wish him every success in the future."
Prime Minister David Cameron said: "I'm sorry to see Fabio go. I think he was a good coach and a good man.
"I don't think he was right about the John Terry issue."
Capello was quoted by an Italian news agency saying: "What forced me to take this decision was the fact that this long instilled sense of Anglo Saxon justice, of innocent until proven guilty, which they are the first to preach was not allowed to run.
"In the Terry case, I was seriously snubbed and my authority as England manager was undermined creating a problem with the team."
The FA have denied the quotes are accurate.
Capello's son Pierfilippo told Sky News: "I have spoken with Dad and he is fine. For the time being, we are not going to say anything because that is the agreement we have with the FA, we shall see how things go and then maybe we will speak."
The Italian, one of the world's most successful and respected club managers, was appointed England manager in December 2007 after the departure of Steve McClaren.
His arrival was met with great optimism but his reputation suffered following England's dismal display in the 2010 World Cup and he had been due to leave the job later this year.
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