Former Sunderland boss Sam Allardyce has spoken of his surprise following David Moyes' decision to resign as manager.
The Scot informed owner Ellis Short and chief executive Martin Bain that he would be leaving Wearside when the club's hierarchy met in London on Monday morning to thrash out plans for next season.
With Sunderland facing debts of £110million and a drop of revenue of £70million from the lucrative television deal, Moyes felt he wasn't the man to help Sunderland bounce straight back from the drop given the financial restrictions facing the club.
The club is in line for a £44million parachute payment plus key players including Jordan Pickford and Lamine Kone will be sold but there have been no guarantees that money would be used to help revamp the squad given the debt and drop in income.
Moyes had also come under increasing pressure from supporters in recent months, while there have been widespread reports of increasing tension behind the scenes with Moyes critical of the attitude of some players in recent weeks.
Moyes attended the League Managers' Association awards night on Monday evening but did not stop to speak to waiting reporters.
Moyes took over as Sunderland boss from Allardyce, who left to take the England job, albeit briefly.
His predecessor Allardyce feels Moyes has nothing to be ashamed of but should think carefully about his next move.
Allardyce told Sky Sports News: "I am surprised. For David it is disappointing, I am sure.
"Today moving away from one football club is no disgrace any more, it happens so often. Whether you deserve it or don't, it just happens.
"But then you move to the next job and look at the resources.
"If you think you can get some success take the job, if you can't don't bother going back in because it's too difficult."
Meanwhile, former England manager Roy Hodgson expects Moyes to return soon enough.
Hodgson said: "David is an excellent manager.
"Unfortunately sometimes when you take on difficult jobs like Sunderland the jobs are perhaps stacked against you.
"I'm very sad for him and very sad for the club but David will certainly bounce back because managers and coaches of his quality do not grow on trees."
Asked if he would be interested in the Sunderland job himself, Hodgson said: "I'm not after a job but at the same time I am not looking to turn down jobs.
"If one day someone comes to me and says, 'We would like you to take on this job''and I like the idea then I would be more than happy to do it."