Former England manager Sam Allardyce has told reporters he made "an error of judgement", adding: "I have paid the consequences."
The 61-year-old's contract was terminated by mutual agreement on Tuesday night after crisis talks with the Football Association triggered by a Daily Telegraph investigation in which he was covertly filmed advising undercover reporters on how to sidestep FA transfer regulations.
Clearly shaken by events, Allardyce told reporters outside his home in Bolton on Wednesday morning: "Entrapment has won on this occasion. I have to accept that."
Read more: Sam Allardyce's reputation is in ruins after he quits England job in shame
Allardyce suggested he thought he was helping out an associate when he was caught in the sting.
He said: "I think that on reflection, it was a silly thing to do. But just to let everybody know, I sort of helped out what was somebody I've known for 30 years and unfortunately it was an error of judgement on my behalf and I've paid the consequences."
He said the agreement to leave his job after just 67 days and one match "was done very amicably with the FA".
He said he had apologised to those concerned for the "unfortunate situation that I put myself in".
Read more: Sam Allardyce's reputation is in ruins after he quits England job in shame
The former Bolton and Newcastle boss said he had a confidentiality agreement and could not answer further questions.
He added: "I am off abroad just to chill out and to reflect and I'd like to wish all the England lads, Gareth and the staff all the very best."
Asked if that was his last job in football he said: "Who knows. We'll wait and see."
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here