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The 52-year-old will deliberate his future over the festive period before deciding whether or not to call it quits.
That’s according to The Daily Telegraph, who claim he’s set to meet FA chief executive Mark Bullingham and technical director John McDermot after the turn of the New Year.
The FA are said to be keen on retaining his services, but will “not stand in his way” if he decides to move on.
Southgate – who was appointed in November 2016 – has two years left on his contract.
His appointment has been a roaring success, with the former England and Middlesbrough defender guiding his troops to the semi-finals and final of the 2018 World Cup and Euro 2020 respectively.
But he was coy on his future after England’s 2-1 defeat to the French last weekend.
He said: “After every tournament, we have sat and reviewed and reflected and that needs a bit of time to make sure everyone makes the right decisions.”
Southgate said of the defeat: “The performance deserved better but in the end goals are decisive.