Almeyda helped guide the club to promotion after their shock relegation to the second tier for the first time last year.
“My cycle at River has finished,” said Almeyda. “I’d like to return one day as coach or director.
“For me it was an honour to coach River, I have no regrets. Today I can leave River without lowering my head.”
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?