Appearing at a press conference alongside Real president Florentino Perez, World Cup victor Zidane said: "I have taken the decision to not continue going into the next season". "Maybe he had taken this decision before the final, I don't know, maybe he talked with some of the players, but I don't know".
"We went through good moments but also complicated ones, and I don't forget them", Zidane said.
"What I think is that this team needs to continue winning but I think it needs a change, a different voice, another methodology".
The 3-1 victory over Liverpool in Kiev on Saturday was the pinnacle of a coaching career after his reign as a player with Real Madrid which peaked when he scored the winning goal in the 2002 Champions League final against Bayer Leverkusen in Glasgow. How can I ask more from the players?
However, a big reason behind his inability to bring in elite players to the club was the refusal of the Arsenal board in loosening their purse strings.
Zidane is understood to have wanted to keep the majority of his squad together but Madrid are planning signings this summer with a new goalkeeper to replace Zidane favourite Keylor Navas a priorty. "All I want to do is remind him that this club is his home and family". "I thank him for the work he has done".More news: Argentina coach complains about Israel trip before World Cup
Real finished in the third position in La Liga, with 76 points, 17 points the winners Barcelona. After doing three years, it's the right decision.
"I love this club", he added.
"If I was the manager here next season, it would have been tough for us to win trophies".
The Frenchman also lead Madrid to back-to-back European Super Cups and Club World Cups in 2016 and 2017.
All the players were told Zidane was off by text message just moments before he sat down to face reporters.
"I'm not going to coach another team right now".
Zidane has been in the job 28 months and has already delivered three Champions League titles, the joint-most of any manager in the competition's history.