On Monday, Vicente del Bosque announced that he drop out from his post as a manager of the Spanish national football team. His contact is to expire at the end of July.
del Bosque said, "I will continue my duties until my contract runs out on 31 July and then I'm leaving. My decision is irreversible". In UEFA Euro 2016, Spain lost 2–0 in the Last 16 knockout stage against Italy.
In his eight years of management, Vicente del Bosque became the most decorated Spanish coach winning the FIFA World Cup 2010 in South Africa and defending the European Championship in 2012. Before del Bosque's tenure, the 2008 Euro trophy was spain's first major trophy in the last 44 years which Spain won under Luis Aragonés, Bosque's predecessor.
del Bosque is to become a Royal Spanish Football Federation member. He has more than a 75% win record with 87 wins in 114 matches. 70 players including Jordi Alba, Sergio Busquets, Gerard Piqué, Álvaro Morata, and goalkeeper David de Gea debuted for Spain under del Bosque.
Before Bosque, Helmut Schön was the only manager to have won both FIFA World Cup and EURO Championship.

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del Bosque to quit Spanish team management after contract expiry