Club statement on managerial position.
Colchester United have this morning issued the following statement:- "I wish him all of the very best for the future."
"He is a Colchester United legend and I am grateful for the way he kept our club in League One during these challenging times.
Club Chairman Robbie Cowling stated: "Joe has done a remarkable job as manager for Colchester United over the past two seasons and he has been a remarkable servant for the club for many years.
Joe has managed Colchester for two years and has successfully kept the club in League One, despite the large cuts the club made to its playing budget following the introduction of the Financial Fair Play rules that clubs have to abide by.
Joe Dunne has left his role as first team manager of Colchester United FC by mutual consent.