Laurent Blanc will not stay on as France coach after his contract expired today, French sports daily L'Equipe has reported.
"Laurent Blanc made his decision and will not be the France coach anymore," L'Equipe said on their website (www.lequipe.fr), without giving a source.
The French federation were not immediately reachable for comment.
France lost 2-0 to holders Spain in the quarter-finals of Euro 2012 last Saturday.
Blanc took over from Raymond Domenech after Les Bleus were eliminated in the first round of the 2010 World Cup, leading them on a 23-match unbeaten run before they lost against Sweden in the group stage of Euro 2012.
The former Bordeaux boss inherited a disunited group still smarting from their exit but managed to knit the team back together and with Karim Benzema having established himself as one of Europe's top players under Jose Mourinho at Real Madrid, France were tipped to be outside contenders in Poland and Ukraine.
However, they went out with a whimper against Vicente del Bosque's finalists and this was followed by Samir Nasri having a foul-mouthed argument with a reporter.
Now Blanc has decided his time is up after just two years in charge with Didier Deschamps favourite to succeed him after he indicated his intention to leave Marseille.
A statement on the FFF website read: "Within the period provided for reflection, Laurent Blanc, on Saturday contacted the President of the FFF, Noel Le Graet, to indicate his decision not to seek the renewal of his contract of national coach.
"Mr Le Graet has acknowledged and applauded the work of Laurent Blanc at the head of the France team since August 2010.
"The executive committee of the federation is meeting on Tuesday but no comments will be made by the FFF and its president before the press conference scheduled at the conclusion of this work session."
Blanc has immediately been linked with the vacancy at English Premier League side Tottenham following the departure of Harry Redknapp.