Benitez, who arrived at St James' Park in March 2016, leaves the club after guiding them to 13th in the league last season.
"It is with disappointment that we announce manager Rafael Benítez will leave Newcastle United upon the expiry of his contract on 30th June 2019," the club said in a statement. "We have worked hard to extend Rafa's contract over a significant period of time, however it has not been - and will not be - possible to reach an agreement with Rafa and his representatives."
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