'No Regrets': Michael Cheika Quits As Wallabies Coach After World Cup Loss

Wallabies coach Michael Cheika will see out the end of his contract which runs until the end of the year, but has effectively coached his last Wallabies game after resigning from his position on Sunday.

The announcement comes just a day after his team were outclassed 40-16 by England in their Rugby World Cup quarter-final in Oita.

On Saturday, Cheika refused to comment on whether he intended to resign when asked in the immediate wake of the Wallabies' heavy defeat, but on Sunday he confirmed he would stand down, ending five years in the role.

Speaking to reporters on Sunday, Cheika said he made a "calculated gamble" when he said he would step down from his position if the Wallabies didn't win the World Cup.

Image: AAP.

Cheika said he knew from the moment the final whistle blew on Saturday that he was going to resign but wanted to give "that little bit of time to settle down."

"I always knew the answer in my head I just wanted to speak to my wife and just tell a few people I care about," he said on Sunday.

"I put my chips in earlier on in the year and told people 'no win, no play', so I'm the type of person and the type of man who is always going to back what he says."

READ MORE: Wallabies Outclassed, Outmuscled, Outplayed By England In Rugby World Cup

Image: AAP.

Cheika insisted he had "no regrets" about making the call, but added that he would love to have stayed on as coach.

"I really feel attached to the team," he said.

"It's an honour doing this role as the coach of Australia. It's not given to a lot of people and I take it with a lot of pride and a lot of honour."

"I made my call and I wanted to show that I was prepared to put myself on the line to achieve what I believed the team could and we didn't do that and I've got to stand by what I said."

The 52-year-old had always said he would stand down if the Wallabies didn't win the tournament.

On Sunday, Cheika took aim at Rugby bosses, saying he didn't have a strong relationship with the CEO or the Chairman of Rugby Australia.

"I think it's no secret that I've pretty much got no relationship with the CEO and not much with the chairman," Cheika said.

"Scott's a lovely bloke and I get on fine with him," he added.

Shortly after his announcement, Rugby Australia CEO Raelene Castle released a statement thanking Cheika for his five years of "dedication and service" to the national team.

Castle said Cheika was "passionate and experienced" adding that he worked "tirelessly to get the best out of his players."

"He cares deeply about the Wallabies and the game of Rugby, and always set out with the aim of making Wallabies fans proud of the team’s performances," the statement read.

“Michael came into the role at a turbulent time, and experienced immediate success by taking the Wallabies to a World Cup Final after only one year in the job."

Cheika speaks to the media during a press conference in 2018. Photo: AAP.

Castle also promised a thorough review of the Wallabies' world cup campaign and the 2019 season overall, to be undertaken by Director of Rugby Scott Johnson.

"This is an important process which is undertaken at the completion of each tournament or series and this review will examine all aspects of the Wallabies program, from coaching to physical preparation, player fitness, and skill development," Castle said.

She added that future team preparations had also already begun for the Wallabies after several senior players also announced they would be leaving the squad.

Those players include Will Genia and David Pocock who announced their international retirement.

With AAP.