Secaucus, NJ (My Sportsbook) - Red Bull New York head coach Juan Carlos Osorio has resigned from his position, effective immediately, the Major League Soccer team announced on Friday.

"I want to apologize to the fans for the results this season," Osorio said. "I want to thank the players for their hard work. I would also like to thank the club for the opportunity to coach the team for the past two seasons."

Osorio joined the Red Bulls as head coach on December 18, 2007, compiling a 12-27-13 record and an appearance in the 2008 MLS Cup Final. Currently, New York is in the midst of one of the worst seasons in MLS history at 2-16-4, having not won a game since May 8.

"It has been a difficult season for Juan Carlos and he felt that it was in the best interest of the team to step aside," Red Bulls Managing Director Erik Stover said. "I want to personally thank Juan Carlos for his efforts with the Red Bulls organization. It was under his leadership last season that the team won the Western Conference Championship and reached the MLS Cup Final for the first time in franchise history. We wish him well in his future endeavors."

The team also announced that assistant coach Richie Williams will serve as the interim head coach for the remainder of the 2009 season. The search process for a new head coach will begin immediately.