Fabio Capello resigns as England coach over John Terry saga

England are looking for a new manager just four months before Euro 2012 after Fabio Capello chose to resign following a meeting with the FA on Wednesday surrounding their decision to axe John Terry as captain.

That course of action last Friday seemed to be largely backed by the public in the immediate aftermath, however Capello expressed his disapproval on Italian television on Sunday, setting him on a collision course with his bosses.

Many are questioning whether he walked or was cornered into quitting by chairman David Bernstein - who he perhaps felt had undermined his authority - but either way it is a brave call, marking the first time in his career that he will leave a position without winning a title.

Harry Redknapp, cleared of all charges of tax evasion earlier in the day, is understandably fancied to replace the Italian tactician, though it is suggested that a compromise may need to be reached allowing him to work for both Tottenham and the national team until May.

Many in the media have been campaigning for Redknapp to be given the gig since England's disappointing World Cup in South Africa in 2010, and Capello has received hostile treatment since, despite doing a reasonable job in that period.

His final matches in charge were 1-0 friendly victories over Spain and Sweden in Wembley last November after sealing a spot at Euro 2012, so he exits on a high, even if like Sven-Goran Eriksson, he is likely to be remembered - harshly in this writer's opinion - as a failure.

Beyond Redknapp, the English candidates are relatively scarce, with Roy Hodgson, Alan Pardew and Stuart Pearce also being mentioned.

The FA, who will hold a press conference on Thursday, have played down the prospect of searching overseas, but should they rethink that policy, Sky Sports claim that Guus Hiddink is interested.

England's Euro 2012 odds remain unmoved thus far, with the Three Lions fourth favourites at 10.5.