ALLOA boss Peter Grant will depart his role at the end of the season, the club have confirmed.

A statement posted on the club’s website today, April 21, confirmed the news that Grant will leave at the end of his contract this summer.

Alloa’s relegation to League One was confirmed on Saturday following the 2-1 defeat to Raith Rovers. The result meant Alloa were relegated with two games left to play, having won just four of 25 league matches.

Grant informed the players of the decision during training on Tuesday night.

Speaking exclusively to Advertiser Sport, Grant said: "I've loved every minute of it but I think it's important that the club know my feelings because they're going to be in [League One] and I would hate to kid the chairman on and start talking to players about contracts when I'm not going to be there."

Grant continued: "Even with difficult results, I've really enjoyed the way the boys have tried to play and they've been a credit.

"I'm delighted I've been asked to stay on for the final two games because I owe that to the players. They've shown me great committment."

Grant added: "I can only apologise for not keeping us in the division but I'm delighted with the way the boys have performed over the two years, they've been a credit. The plaudits they get are thoroughly deserved for the way they play."

The club said: “We take this opportunity to put on record our thanks for his fantastic work over the last 24 months and wish him every success in the future.”

Mike Mulraney, chairman of the club, added: “The commitment and professionalism that Peter has brought to Alloa has been a credit to him, we could not have asked for more.

“Obviously results this season [have] been disappointing, however it is with sadness we see Peter leave the club.

“I do however respect his decision and wish him the very best in all his future endeavours.”

Alloa travel to Morton this Saturday before hosting Dunfermline Athletic the following Friday.