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Spurs opt to show Sherwood the door
Tottenham Hotspur hope to build further on this season after deciding to axe manager Tim Sherwood and look for a new man to take charge at White Hart Lane.
In the season just ended Spurs finished in sixth place in the Premier League, ten points adrift of the fourth-placed Gunners and five points ahead of defending champions Manchester United.
They will play in the Europa League next season and chairman Daniel Levy believes that there is more to come from an expensively assembled squad, with the departure of Sherwood now confirmed.
A statement from Levy read: "We appointed Tim mid-season as someone who knew both the players and the club.
"We agreed an 18-month contract with a break clause at the end of the season and we have now exercised that option.
"Moving forward, now the season is over, we shall embark on the process of finding a new head coach. We have a talented squad and exciting young players coming through.
"We need to build on this season, develop our potential and inspire the kind of performances that we associate with our great club."
Sherwood took over as manager in mid-December following the sacking of Andre Villas-Boas, with Tottenham winning exactly half of his 28 games in charge, drawing four and losing ten.