Marco van Basten quits Ajax

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Marco van Basten resigned as Ajax manager on Wednesday after failing to guide the Dutch giants into next year's Champions League.

The Dutch legend, who joined Ajax in July 2008 after a four-year stint as Netherlands coach, saw his side lose 4-0 to Sparta on Sunday, which leaves them in third place behind champions AZ Alkmaar and second-placed FC Twente.

"The main reason for van Basten resigning was he concluded that he didn't meet his goals and he doesn't have the feeling he is capable of improving next season," read a statement on the club's official website,

Van Basten's decision comes less than 24 hours after general director Rik van den Boog assured him his position was not under threat despite missing out on a place in next year's Champions League.

"I came to the conclusion that my qualities are not enough to do better with this squad next season," van Basten said at a news conference.

"I am not able to fulfil the demands Ajax have for a coach."

Ajax have confirmed assistant manager John van't Schip will take charge of first-team training, including overseeing first-team affairs for their game against Twente.

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