I expect him to announce he won't stand in the next GE to save the shame of deselection - Hoey already going that way - Stringer next and probably then Mann - its funny how they are all for a democratic party except when the party decides to democratically ask them to leave. Field has always been a New Labour man who can't accept it was a flash in the pan and can't cross the floor as the Tories move even further away to the right from him. He even fell out with Bliar and shan't be missed.
Field, Hoey, Stringer and Mann will leave because they're about to be pushed, they are quite distinct cases unified only by the fact they were in the wrong party from day one. Expect anti-Semitism and the fashionable "toxic atmosphere" to get aired ad nauseam.
This sums the man up wasn't shy of using anti-jewish slurs in the past
Using the anti-semetism row as a cover for his own self inflicted downfall is a shameful act from a horrible man
I expect the blairites to use the anti-Semite card quite a bit on the fringes and outside Labour Party conference, I gather bodyguards are being hired for a number of Jewish MPs, it's all being geared up to create a spectacle, they're praying for something to kick off and no doubt there'll be demonstrations for the camera and high profile speakers creating soundbites for the BBC and the Mail.
I don't think Field going heralds a party split, as you say he'd run out of road, the blairites will keep their powder dry waiting to see what happens at conference and the polls. Not sure where this will end up, if the blairites do take the plunge all they'll do is secure another Tory government and Brexit on Tory terms.
If Corbyn is for turning on Brexit the blairites will temporarily fall in line, without Corbyn they don't have a ground game because precious few members will pound the streets for the likes of Umunna. Of course anti-Semitism will be forgotten, they can resurrect it later once they get what they want on Brexit, assuming, that is, they do get it.