Blue Square Bet Premier club Histon and John Beck have agreed to part company with immediate effect.
Beck is much admired as a coach and the directors have wished him well for the future.
Brian Page will be looking after first-team affairs in a temporary capacity until a further announcement is made.
Chairman Russell Hands explained the reasons for Beck`s departure from the Glassworld Stadium.
He said that Beck`s medium to long-term vision required funding that the club, with strict financial measures in place to ensure survival, were unable to fulfil. He went on to explain that the sums involved were not particularly large, but nevertheless were out of reach of a club faced with a difficult financial situation left to it by 'previous regimes'.
This difference between the manager and the board had been an issue for several weeks, but only last night was it decided by both parties that it was insoluble and that consequently John Beck would leave the club.
He added: "There is no more money. Everyone who works at the club now works out of love for the club, apart from the secretary and John."
Hands said that he was hopeful a new manager would be in place by Monday.
