I'm sure that a good majority of Socceroo fans have had a quiet giggle at the fact England were knocked out of the Euro 2016 competition by Iceland, but following the wry smiles come very real questions.

Although they were not expected to upset the likes of Germany or hosts France, there was a very real belief within the footballing community of a successful tournament for the English national side.

Roy Hodgson picked a side many thought would give the competition a real shake, or at least provide some attacking highlights whilst putting up a fight.

Instead the three lions were reduced to somewhat of a laughing stock after being ousted by footballing minnows Iceland.

Iceland's 2-1 victory was a genuine shock, but not undeserved given the way England failed to react to falling behind with plenty of football to play. England lead early, but had 70 minutes to restore parity after falling behind in the 19th minute.

Although they dominated possession and created plenty of chances, a side of England's standing should be expected to have made relatively easy work of a side ranked outside the top 30 in the world.

Much will be made of the knockout defeat at the hands of a country containing a population of only 323,000 people, but the tournament was hardly a raging success prior to the loss.

England conceded a late goal to surrender two competition points in their tournament opener to a Russian side who failed to otherwise make any other kind of impression on the tournament.

It took a late, scrambling goal to secure a win against a Welsh side they were expected to beat. Wales were brilliant on the night but given the side named by the English manager, it looked like a long night for Gareth Bale and co.

An uninspiring nil-all draw against Slovakia saw them secure second spot, but despite not losing a game in the group stage, England hardly looked like a side ready to end their long trophy drought.

Despite a slow start, and just the one win from three games, England were expected to dispose of Iceland and kick their campaign into gear as a result.

Although the English side featured the likes of Rooney, Hart, Kane and Vardy, they fell to a side containing players who have jobs outside of the sport of football.

So where do England go from here?

First and foremost they need to appoint a successful manager with a long term goal, and give him the support and resources to achieve that said goal.

Some big names have already been linked with the job however this decision is one of extreme importance and should not be rushed.

Secondly, some serious decisions need to be made regarding the futures of the likes of Wayne Rooney. Although hardly at the end of his international career by any stretch, England need a long term vision and questions at least need to be asked.

Joe Hart has an absolute shocker of a tournament and his future in the jersey is now surely in question. His mistakes were fatal for England's chances of advancing, although he was hardly the only player to not perform in France.

The EPL is one of the, if not the biggest leagues in the world, but the FA have been unable to translate that into success at an international level.

England need a manager who can dictate terms, not be dictated to. A manager who is capable of putting egos on notice, and players in their place.

England need a long term plan and the players to help them achieve it. There are some big name players in that squad on some monster salaries, yet players who were unable to justify the hype on the biggest stage.

I'm not exactly sure what the answer is, but those being paid millions of dollars a year sure need to find an answer if England are to rebound from yet another disappointing, and quite frankly embarrassing, tournament.