Armando took over the reins at the club in 2000 when the team was playing Tier II of the erstwhile National Football League, where he first guided the team back to the elite tie with five titles.
However, with several changes into the squad and his contract set to expire, Colaco had to make way for the change of guard at the club.
Speaking on the occasion last evening, Colaco said that he will carry great pride and passion towards the club.
Colaco expressed his gratitude for the chairman Shrinivas Dempo, the club and its fans for supporting and believing in him in difficult times.
Dempo acknowledged the achievements by Armando Colaco and wished him the very best.
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