Veh has been in charge of the Eagles since July 2011 and guided the side back to the Bundesliga from Germany's second tier in his first season in charge. In an outstanding first campaign back in the top flight, the 53-year-old led the club to a sixth-placed finish, ensuring them a place in the UEFA Europa League, where they reached the last 32 before being knocked out by FC Porto on away goals last week.
Focus on Bundesliga survival
"Armin Veh informed us in Abu Dhabi [where the club held their winter training camp] that he will not be extending his contract here," said Frankfurt chairman Heribert Bruchhagen. "We are all determined to continue working successfully with Armin Veh until the end of June."
Veh himself said of the decision: "I wanted to make the decision public in winter but accepted the club's wish to do so at a later date. It's very important to me that, in spite of all the problems we may have, we achieve our aiming of staying in the Bundesliga. It was also important for me to inform the club well in advance, which I have done. I only told the players of my decision today."