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Cheltenham Town Football Club wish to announce that following detailed discussions which have taken place between the Club and Martin Allen and their respective legal advisers, it has been agreed that Martin Allen will leave his position as Manager of Cheltenham Town Football Club with immediate effect.
The departure is by mutual consent following confidential terms of settlement being reached in relation to Martin Allen's contract.
The Club wish to place on record that it has conducted a full investigation and considered a substantial amount of evidence regarding recent press allegations relating to Martin Allen's conduct.