René Meulensteen has agreed a settlement with Fulham, although the sum is far less than he would have received if he had been sacked.

The Dutchman took over as manager from Martin Jol in December but did not have his title of head coach changed. His role became untenable last Friday when the club relieved him of first-team duties and appointed Felix Magath.

The club did not sack Meulensteen, as that would have left them liable, through the terms of his contract, to a much larger pay-off. His deal was set to expire in the summer.

Meulensteen leaves Craven Cottage along with the first-team technical director, Alan Curbishley, and the coaches Ray Wilkins, Jonathan Hill and Mick Priest. Magath has brought in the first-team coach Tomas Oral and the fitness specialist Werner Leuthard.

The owner Shahid Khan said: "I'm very grateful to René, Alan and Ray, as well as Mick and Jonathan for their commitment to Fulham. Their efforts were admirable and appreciated, and I wish them the best."