Dutch coach Bert van Marwijk has resigned following his side’s disastrous Euro 2012 campaign.
Dutch team was beaten in all three of their matches in the tournament and finished bottom of Group B.
Bert van Marwijk, 60, refused to answer questions about his future last week but his departure has now been confirmed by the Dutch FA.
Bert van Marwijk led the Netherlands to the 2010 World Cup final in which they were beaten by Spain in extra time.
“I have severe doubts, but have decided to take this step anyway,” Bert van Marwijk said in a statement.
Dutch coach Bert van Marwijk has resigned following his side's disastrous Euro 2012 campaign
The head of the KNVB (the Dutch FA), Bert van Oostveen said: “The KNVB are grateful to Van Marwijk. I personally had a very good feeling about our co-operation.
“Of course it is sad to part early, but we must be realistic.”
The Netherlands won nine of their 10 qualifying matches for Euro 2012, rising to the top of the FIFA world rankings in August 2011.
But drawn in the “Group of Death” with Denmark and eventual semi-finalists Germany and Portugal, they lost three consecutive competitive games for the first time in their history.
A 1-0 opening defeat by Denmark was followed by 2-1 defeats against Germany and Portugal.
The performances were in stark contrast to their displays at the 2010 World Cup, in which the Dutch took maximum points in Bert van Marwijk’s first tournament as coach.
The Dutch went on to reach the final, but Bert van Marwijk’s negative tactics in a bad-tempered game against Spain led to criticism from the media and Dutch legend Johann Cruyff.
Bert van Marwijk, who has previously coached Feyenoord and Borussia Dortmund, had taken over from Marco van Basten in 2008 and had a contract that ran until 2016.
The Netherlands have a friendly against Belgium on 15 August before starting their 2014 World Cup qualifying campaign against Turkey in September.
UEFA confirms there were “isolated incidents of racist chanting” aimed at Netherlands players during an open training session at Euro 2012.
But the governing body has not revealed whether it is investigating the incident in Krakow, Poland.
Dutch captain Mark van Bommel said monkey chants were directed at players.
“Should such behaviour happen at further training sessions, UEFA would evaluate the operational measures to be taken to protect players,” UEFA said.
“UEFA has now been made aware that there were some isolated incidents of racist chanting that occurred at the open training session of the Dutch team yesterday in Krakow.
“UEFA has a zero tolerance policy when it comes to discriminatory behaviour and has given the power to referees to stop matches in case of any repeated racist behaviour.”
UEFA confirms there were "isolated incidents of racist chanting" aimed at Netherlands players during an open training session at Euro 2012
The Dutch FA said in a statement that it would not be making an official complaint but was “more than willing to answer [the] questions of UEFA in this respect”.
Outlining the incident, the statement added: “As at one moment there was a lot of noise coming from a specific stand, the team decided to train at the other side of the stadium, which was much quieter.
“A few players have heard sounds, which could be described as possible monkey chants. However, the training staff on the pitch were not aware of this.”
While Mark Van Bommel complained specifically of racist abuse, the Dutch FA had earlier said this was mixed with anti-Euro 2012 chanting believed to have been prompted by the fact the city has not been given any matches in the tournament.
When this was put to Mark Van Bommel on Thursday, he said: “Open your ears. If you did hear it and don’t want to hear it, that is even worse.”
The claims emerged on the opening day of the tournament, which is being co-hosted by Poland and Ukraine.
Around 20,000 fans had turned up to watch the training session at the Stadion Miejski on Wednesday.
Journalist Marcel van der Kraan, who writes for Dutch newspaper De Telegraaf, said he heard the racist abuse.
He said: “As the Dutch players did their warm-up, during the first lap of the pitch they could hear monkey noises from one end of the crowd.
“When the players heard this they said they would do another lap and if they heard monkey noises again they would stop.
“The Dutch coach moved all the cones and started training on the pitch as far away from these people as possible. It was considerably more than two or three people.”
The day before the alleged abuse, the Netherlands players had visited Nazi concentration camp Auschwitz, which is nearby.
Mark Van Bommel said: “It is a real disgrace, especially after getting back from Auschwitz, that you are confronted with this.
“We will take it up with UEFA and if it happens at a match we will talk to the referee and ask him to take us off the field.”
Earlier this week, UEFA president Michel Platini said the issue was one for wider society, not simply football. But he added that referees had the power to stop games if there was racist abuse from the stands.
The tournament kicks off at 17:00 BST on Friday with hosts Poland playing Greece in the opening match in Warsaw.