Newcastle United coach Peter Beardsley "is no longer employed by the club", the Premier League side say.
Ex-player Beardsley has been on leave since an investigation into bullying allegations was launched last year.
The 58-year-old, under-23s coach at Newcastle since 2009, had "categorically denied the allegations".
The club added it was "grateful for the contribution Peter has given over the years as a player, coach and ambassador and we wish him well for the future".
Beardsley played more than 300 times for his hometown club during a career that also included spells at Liverpool and Everton.
When the allegations surfaced in January 2018, Beardsley's solicitors issued a denial of what they called "inaccurate media reports which result from unauthorised leaks".
Newcastle's statement on Wednesday makes no reference to the findings or result of its investigation.
Ex-player Beardsley has been on leave since an investigation into bullying allegations was launched last year.
The 58-year-old, under-23s coach at Newcastle since 2009, had "categorically denied the allegations".
The club added it was "grateful for the contribution Peter has given over the years as a player, coach and ambassador and we wish him well for the future".
Beardsley played more than 300 times for his hometown club during a career that also included spells at Liverpool and Everton.
When the allegations surfaced in January 2018, Beardsley's solicitors issued a denial of what they called "inaccurate media reports which result from unauthorised leaks".
Newcastle's statement on Wednesday makes no reference to the findings or result of its investigation.
