
The invertebrate will retire after prediciting all of Germany’s World Cup results correctly as well as the final between Spain and Holland.
The news will come as a shock to many people who have won up to half a million pounds between them during the tournament by placing bets based on the octopus’s predictions, according to bookmakers William Hill.
“He is retiring and says thank you to the whole world. It was a great World Cup,” Tanja Munzig, a spokeswoman for the Sea Life aquarium in Oberhausen, said.
“He will what he likes to do best: play with his handlers and delight children who come visit to him.”
However, Paul made one final appearance on Monday when aquarium employees presented the octopus with a golden cup.
Although the cup was garnished with mussels, Paul ignored it as it was lowered into his tank.
Paul has become a global sensation as he called all of Germany’s games correctly, including its semi-final defeat by Spain. He finished his career at the peak of his game by forecasting correctly that Spain would beat Holland in Sunday’s final.
The octopus had a 100 per cent for this tournament and only has one blemish on its record when he wrongly predicted Germany would beat Spain in the Euro 2008 final.
But just as Paul has announced his retirement from predicting football matches it looks like the eight legged wonder could be enticed into a marketing career.
Spanish businessmen are planning to take the octopus to Spain and rename him Paulo, using him as a mascot at a major food event.
A string of bookmakers from around the world have also expressed an interest to buy the octopus from the Ouberhausen Sea Life Centre, with marketing experts predicting he could become a big hit with advertisers


Royal salute: Billy, a Kashmir goat, was a gift from the Queen in 2001
Guard of honour: The retiring goat, wearing full ceremonial dress, is led out for the last time by handler Lance Corporal Ryan Arthur
Fond farewell: The route from pen to trailer was lined by soldiers from the Chester-based regiment to say thank you to Billy for many years of service
Full ceremony: Billy, who is nine, prepares to travel in a trailer to Whipsnade Zoo
Pride: Billy, whose real name is William Windsor, bears a silver plaque - a gift from the Queen - a tradition that goes back to Queen Victoria's donation in 1884
Leaving home: Lance Cpl Ryan Arthur leads Billy through their digs in Chester


























The couple immediately fell for the freaky feline and asked the owner if they could adopt him. He agreed and the couple named the cat Yoda, after the pointy-eared Jedi knight in Star Wars.
But the vet was mystified by his unique appearance.
'We have actually had people ask if we had his ears cut to look this way.
So crowds have been flocking to catch a glimpse of this beautiful foal, born among a group of New Forest ponies near Lyndhurst, Hampshire.
The fact the foal has a brown mother proves that he is a cremello blue-eyed cream and not an albino
The enthusiasts who first spotted him thought he could be an albino, but experts have now ruled that out.