Widely regarded as England's best-ever goalkeeper, Banks played in the World Cup final at Wembley in 1966 and lifted the trophy.
We, at Soccer Laduma, send our condolences to the family and friends of Gordon Banks.
"We are devastated to lose him but we have so many happy memories and could not have been more proud of him".
The image of Banks flying through the air to save the goal-bound effort from Pele is still to this day one of the greatest moments in World Cup history.
The news was announced in a statement from the Banks family on his former club Stoke City's official website.
Banks began his career with Chesterfield in 1958 before joining Leicester City the following year.
Banks racked up 628 appearances during a 15-year career in the Football League and won 73 caps for his country.
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His family said Banks, who lost an eye in a vehicle crash in 1972, had passed away in his sleep.
Banks was part of the England team that won the 1966 World Cup and was credited with making the "Save of the Century" when he denied Brazilian great Pele at the tournament four years later.
Former England and Leicester striker, Gary Lineker wrote on social media: "Oh no. Gordon Banks, an absolute hero of mine, and countless others, has died".
England and Manchester City forward Raheem Sterling was among the first to pay tribute, tweeting: "Of course there was that save, but it's so much more we are mourning today".
World Cup-winning goalkeeper Gordon Banks, who was between the sticks for England's triumphant 1966 final win against West Germany, has died at the age of 81.
"The sad news reaches us that legendary former Spireite Gordon Banks has passed away. RIP Gordon Banks. England legend, your legacy will live on". "Our thoughts are with Gordon's friends, family and supporters at this hard time".
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