Colin Cameron has resigned as Cowdenbeath manager after a run of four successive defeats which leaves the Fife club in second bottom spot in the Championship.
The 41-year-old former Scottish international midfield star, who had been in the Central Park hot seat for almost two and a half years, stood down on Tuesday evening after meeting club chairman Donald Findlay QC and chief executive officer Alex Anderson following their latest defeat, 4-0 to Falkirk on Saturday.
Anderson said: “It is with deep regret that Cowdenbeath FC announce the departure of manager Colin Cameron with immediate effect.”
In a statement, Cameron said that, in the interests of the club, he had asked to be allowed to step aside “in order to allow the club to look elsewhere for a manager to secure a position in the Championship.”
He added: “I have great faith in my own ability and in my team. However, results have not been what I would have wished.”
Findlay, who praised Cameron for a “huge contribution” to the development of the club, said: “It is with sadness that I have accepted Colin’s resignation.
“It is a measure of the man that he put the interests of the club before his own interests.
“I have nothing but respect and admiration for him as a player and coach. He has a long and successful career ahead of him.”
Assistant boss Lee Makel will take charge of the first team until a new manager is appointed.
Cameron’s successful playing career took him to 10 clubs including Raith Rovers, Hearts, Wolves and Dundee and saw him gain 28 international caps.
He joined Cowdenbeath as player/assistant manager to former Manchester United and Rangers star Jimmy Nicholl in 2010, becoming manager the following year when Nicholl moved to Kilmarnock as assistant manager.
Cameron led the Fifers to the Division Two title in his first season in charge and retained First Division status with a final-day victory last season.