Colchester United

I make this statement because Colchester United were relegated on Saturday to League Two and as the club's Chairman, I take full responsibility for the results of the club both on and off the pitch.

I doubt there is another club who, through such tough times, could report a growth in attendances, but we appear to have a tougher breed of supporter at Colchester United.

Before addressing the relegation and what it means for the club, I would like to say a big thank you to everyone for their tremendous support of Colchester United and the loyalty they have shown to the club over the last four tough years.

So I went into this season with far greater optimism than I did the three seasons that had preceded it. However, the table doesn't lie and my optimism was unfounded.

When salary capping rules were introduced four seasons ago, I knew League One survival would be tough but I felt it would get easier with each season that we retained our league  status.

I am very confident that we are building a great club with a wonderful future but I am fully aware that I need to raise my own game if I am to fulfill my objectives for the club.

As I stated above, I accept responsibility for everything that happens at Colchester United and those who are loyal and supportive have every right to be critical of me.

I really hope that is next season and I will do my very best to make that happen.

We won't have the biggest playing budget and we won't have any easy fixtures but, if we hold our nerve and stick to our philosophies, the club is going to take off some time soon.

There are financial implications but despite those, the club is well placed to do more than just survive in League Two.

Now that our fate has been determined, we can start planning for next season.