It added that club bosses had decided that Liverpool needed a change of direction.
“That does not diminish the work Arne has done here, or the respect we have for him,” the statement added.
“Nor is it a reflection of his talents. Rather, it is indicative of the need for a different approach.
“Arne leaves with our gratitude, with a Premier League title to his name, and with the knowledge that he and his family will always be welcomed back at Anfield.”
‘Different Approach8217;
However, the club’s owners, the American-based Fenway Sports Group, have succumbed to fan pressure to axe the former Feyenoord boss.
“We have collectively come to the conclusion that change is necessary in order for the club to keep moving forward. Again, it must be stressed that this is not a decision which has been reached lightly, anything but,” the club said in a statement.
Many fans were keen for the return of Xabi Alonso to Anfield, but the club’s former midfielder will instead take charge of Chelsea next season.
Iraola’s stock is high after an 18-game unbeaten league run to finish the campaign in sixth, just three points behind Liverpool despite vastly inferior resources.
The Spaniard also worked together with Liverpool sporting director Richard Hughes, who previously held a similar role at Bournemouth.
Slot ultimately paid for failing to get a return on Liverpool’s huge investment last summer.
British transfer record signing Alexander Isak was beset by fitness problems, while Florian Wirtz struggled with the transition to the Premier League after a £100 million move from Bayer Leverkusen.
Slot, though, also had to deal with emotional turmoil caused by the death of forward Diogo Jota in a car accident in July.
AFP
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