"This decision is what's best for me and my career, and my family," he said.
"This is not a decision that's come lightly, it's not a decision that's been easy because I know it affects a lot of people."
"I've spoken to the players before the Presentation tonight and explained to them the situation and the opportunity that has arisen."
"I told them why I had made the decision. I'm not disappointed with the decision I've made, because I know it's the best decision I could make for the people involved."
Ricky went on to speak about what he thinks for the future of the Eels without him.
"The day I got the job I was asked why I took it on, and I said because it's got a rich tradition and a proud history."
"And I can see that with the people behind the scenes who are working at this club, and I truly believe this club can get back to what it should be."
"It's what I feel and what I believe, and I really do hope that happens - just to see the people who are involved in the club - their passion and emotion, I'd love to see it successful again."
Click here to see Tim Mannah's response to Ricky's decision.