London: Lee Clark has resigned as manager of Blackpool following their relegation to the English third tier, he announced on Saturday in a statement released via the club.
"After a great deal of thought I have come to the decision that it is not in the best interests of either myself or Blackpool FC that I continue as manager of the football club and have therefore tendered my resignation to the chairman (Karl Oyston), which he has accepted," said 42-year-old Clark, who had been in charge since October.
"It only remains to thank my staff, the players, the supporters and everybody else involved with the club for their help and support and wish them the best of luck for the future."
Blackpool, who spent the 2010-11 season in the Premier League, finished the campaign 21 points adrift of safety at the foot of the Championship table.
Their final game at home to Huddersfield Town had to be abandoned in the 48th minute after fans streamed onto the pitch to protest against owners the Oyston family.
The Football League decided that the fixture would not be replayed as it had no bearing on promotion or relegation, but it is yet to rule on the final result or any punishments.