England World Cup 2014: Manager Roy Hodgson's Job Safe Despite Early World Cup Exit [VIDEO]

After Costa Rica won 1-0 over Italy and ending the World Cup campaign of England, manager Roy Hodgson will remain with the team until the 2016 European Championship according to FA chairman Greg Dyke.

The Daily Mail UK is reporting that despite the backlash following the early exit of England in the tournament, Dyke has insisted that Hodgson remains the right man to lead the national team.

When asked whether Hodgson will keep his job, Dyke told the media outlet: "That is the view of myself, of everybody else here in Brazil and of others in the FA. We're supportive of Roy Hodgson, we've asked him to stay as manager. Roy has done a good job and it was always an approach for four years and we hope to do better in the European Championship. We do not see any value in changing."

The British media is all over the English national team after its disastrous showing in Brazil which marks the first time that the soccer power failed to qualify from the group stage since 1958. Still, Dyke said England performed well and lost because of the breaks of the game.

"Everybody thought we played really well in the first game against Italy and narrowly lost. In the second game it could have gone either way. We were not humiliated. They were narrow defeats, but it is for the football people, not for me, to identify why we did not win."

A remorseful Hodgson, who earns £3.5million a year making him the second-highest paid manager in the World Cup, told the same newspaper: "We've failed. We had really big hopes we were going to make the nation proud by going far in the tournament and we haven't done that. So any words are pretty empty at the moment."

England dropped its first two assignments to Italy and Uruguay with both games ending with scores of 2-1. It will wrap up its World Cup campaign by taking on Costa Rica on Tuesday.

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