What happened: Ronald Koeman has stepped down as head coach of the Netherlands following the team's Round of 32 penalty shootout defeat to Paraguay at the 2026 World Cup. The 63-year-old informed the Royal Dutch Football Association that he will not continue beyond his current deal, ending his second spell in charge of Oranje. In his farewell statement he called it a difficult decision after years of close work with his staff and players.

Why it matters: The exit closes a chapter for a program that expected a deep tournament run, and Koeman's departure now forces the KNVB into an immediate managerial search. His comments about wanting more time with family have fueled speculation that the former Barcelona and Valencia boss may be walking away from coaching entirely.

What to watch: Attention turns to the KNVB's shortlist, with Arne Slot and Erik ten Hag among the prominent Dutch names available. How quickly the federation moves will shape the Netherlands' rebuild after a chastening World Cup.