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Redknapp poised to leave Spurs
Harry Redknapp is in talks with Tottenham over a compensation package as he prepares to leave the White Hart Lane club, Press Association Sport understands.
Redknapp and agent Paul Stretford have been in negotiations with Spurs chairman Daniel Levy about his future and it is understood the two parties are close to agreeing a package that will see Redknapp's three-and-a-half-year tenure end.
The 65-year-old has 12 months left on his contract and is understood to have been unhappy with Levy's failure to offer him a new three-year deal.
It is anticipated Redknapp's camp and Spurs will meet again on Thursday to iron out the remaining details on the compensation package before it is officially announced by the London club.
Everton boss David Moyes is the odds-on favourite to replace Redknapp, whose failure to secure Champions League football looks to have led to his impending departure.
On Tuesday night Redknapp discredited speculation he was on his way out as "an outrage" but, after failing to get the backing he wanted, it is thought he now sees his future away from White Hart Lane.
Negotiations over a new deal for Redknapp have stalled since the start of the year when Redknapp, who guided Spurs to fourth place in the Barclays Premier League last season, was linked with the then vacant England manager's job.
In the past week Redknapp has made it known he would be uncomfortable heading into the new season without a longer deal. It has been claimed Levy was only willing to offer Redknapp a rolling 12-month contract but the former Portsmouth manager wanted a longer deal that would have made the London club his last job in management.
Redknapp did achieve Levy's goal of reaching the top four, but Spurs missed out on the Champions League after Chelsea's win over Bayern Munich in last month's final. An exit may seem harsh but his critics point to the fact his team would have qualified for Europe's premier club competition had they not thrown away a 10-point lead over Arsenal.
In denying he was on his way out on ESPN, Redknapp said: "No, I haven't resigned, and I have no idea why it is being suggested that I have resigned. This is an outrage; an absolute liberty for people to be putting around this kind of rumour on the internet. It is not true, there is not a chance I will resign. Why should I? I have a year left on my contract."