BREAKING NEWS! Harry Redknapp sacked by Tottenham as Daniel Levy targets David Moyes

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http://www.guardian.co.uk/football/2012/jun/13/harry-redknapp-sacked-tottenham-hotspur?newsfeed=true

Harry Redknapp has parted company with Tottenham Hotspur after the chairman, Daniel Levy, refused to grant him the contract and assurances that he wanted. Levy has made Everton's David Moyes his No1 target to take over as manager.

Redknapp's exit was settled on Wednesday night and a formal statement of confirmation from Tottenham is expected on Thursday. The 65-year-old reached a settlement on the final year of his deal, which is worth £3m, after lawyers from both sides met for discussions.

An attempt by Spurs to lure Moyes is now set to begin. Moyes has 12 months to run on his Goodison Park contract and, despite several conversations with the chairman, Bill Kenwright, since the end of the season, he has yet to commit to an extension to his 10-year tenure.

The 49-year-old plans to hold further talks with Kenwright as he seeks assurances over Everton's future and a transfer budget and, although that is likely to prove a source of frustration once again, he has no intention to quit the club this summer. That stance may change, however, if he receives an approach from Tottenham and they make it plain that he is their top target.

There has been no approach so far from Tottenham to Moyes, who is on holiday in the US and is due to travel to the European Championship in the next few days.

Redknapp had gone on the offensive in recent weeks, appointing the agent Paul Stretford to handle his demand for what was effectively a new four-year contract and urged Levy to tie him down quickly in order to avoid unsettling the players.