Bob Bradley has been relieved of his duties as the U.S. men’s soccer coach, U.S. Soccer President Sunil Gulati announced Thursday.

“We want to thank Bob Bradley for his service and dedication to U.S. Soccer during the past five years,” Gulati said in a statement. “During his time as the head coach of our Men’s National Team he led the team to a number of accomplishments, but we felt now was the right time for us to make a change. It is always hard to make these decisions, especially when it involves someone we respect as much as Bob. We wish him the best in his future endeavors.”

Bradley had been U.S. coach since January 2007, compiling a 43-25-12 record. His tenure included a championship at the 2007 CONCACAF Gold Cup and a second-place finish at the 2009 FIFA Confederations Cup. At the 2010 World Cup in South Africa, the U.S. men advanced to the round of 16.

In the team’s most recent major competition, the 2011 CONCACAF Gold Cup, the U.S. men had an up-and-down tournament but advanced to the final, where they lost to Mexico, 4-2.

"It has been an incredible honor to serve as head coach. I am proud of everything we've accomplished,” Bradely said in a statement.

As of now, there is no word on Bradley’s replacement. In the U.S. Soccer statement announcing Bradley’s firing, the organization said it will have a “further announcement on Friday.”

Asked for his reaction to Bradley’s firing on Thursday, Manchester United Coach Alex Ferguson said, “I was disappointed to hear that.”

We’ll have much more from Steven Goff later.