After a first round FA Cup exit to Conference side Chester City and a seven-game winless run, manager Steve Whitton left the club by mutual consent, with Phil Parkinson appointed in his first ever managerial role.
Following consecutive seasons of gradual improvement under Steve Whitton, the club found themselves in the relegation zone following a run of seven games without a win and a first round FA Cup exit to non-League Chester City.
He left the club by mutual consent in January as former player Geraint Williams stepped up as caretaker manager while putting his name forward for the permanent role.
However, with his many contacts at FA board level, chairman Peter Heard made a surprise appointment of Reading's player-coach Phil Parkinson.
Prudently, Peter Heard had never budgeted more than the club could afford and as such Colchester United were largely unaffected by the collapse.