Jason Brewer has resigned as Perth Glory's chief executive following the club's disqualification from the A-League finals for breaching the salary cap.
An extensive audit into the Glory's finances by Football Federation Australia (FFA) last week resulted in the governing body deeming the club to have systematically breached the cap throughout the last three seasons and by more than 400,000 Australian dollars this term alone.
Perth have subsequently been fined 269,000 AUD and barred from the 2014-15 play-offs.
Glory, who led the league for much of the campaign and had been firmly in contention to win the Premiers' Plate, will be deemed to have finished seventh at the end of the regular season.
"I would like to personally apologise for a series of events which have resulted in the club facing sanctions by the Football Federation of Australia," Brewer said in a statement released on Thursday.
"As CEO, I ultimately take full responsibility for these actions which have resulted in the club being eliminated from this year's A-League finals campaign."
Despite quitting over his role in the scandal, Brewer continued to protest the veracity of FFA's findings.
However, later on Thursday, the Glory accepted the FFA's decisions – ending their appeal.
"There have been no so called 'secret' or 'third-party' payments made on behalf of the club," Brewer added.