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ESPN FC  By ESPN

Denmark coach Morten Olsen resigns after 15 years in charge

Morten Olsen stepped down as Denmark coach after Tuesday's aggregate defeat.

Denmark coach Morten Olsen resigned after Denmark failed to qualify for Euro 2016 on Tuesday.

Olsen's 15-year reign ended after the Danes' 4-3 aggregate defeat to Sweden in their playoff.

Late headers from Yussuf Poulsen and Jannik Vestergaard ensured Denmark at least claimed a 2-2 draw on the night, but it was not enough to prevent Olsen from saying farewell.

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"I have informed the players that the DBU and I have agreed that there is no point in continuing," Olsen said.

"Of course, it hurts to end this way after more than 35 years [as a player and coach] but I feel most sorry for the Danes, for the fans. That has the largest importance to me. I feel a bit empty with regards to the match."

The 66-year-old managed Denmark in four major international tournaments, and was the longest-serving international manager on the continent.

"I have been privileged with the people I have been working with. I have had many good colleagues. I am extremely grateful for that," he said.

"I will leave it to others to decide if that is good enough, but of course it is a failure every time you do not qualify. I feel sorry for the players and for the Danes in general."

It was also confirmed that defender Lars Jacobsen would retire after achieving his 80th cap in Copenhagen.

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