NEW YORK — Jon Patricof will step down as New York City Football Club president at the end of the year, the MLS club announced Thursday.

Patricof, whose three-year contract concludes in December, will join NYCFC’s board of directors.

“It has been an absolute honor to help develop New York City FC during this phase of its evolution and I want to thank all of my colleagues, the New York Yankees, our civic and commercial partners and of course, our fans for their incredible commitment to the Club’s development,” Patricof said. “I also feel privileged to have been a part of Major League Soccer at such an exciting time for the sport. There is still much work to accomplish and I am excited to continue my involvement as a member of the Board as we look forward to the exciting soccer related opportunities in this great city.”

Added City Football Group CEO and NYCFC managing director Ferran Soriano: “Marty Edelman, our chairman and I would like to thank Jon for all he has done for New York City FC, and for his contribution to City Football Group’s leadership team over the past three years. He has been an effective, strategic leader of the club at a time of significant expansion and growth on and off the field and I am delighted he has agreed to continue on the board and work with us on our major strategic future projects.”

The search for Patricof’s successor is underway and will be announced in due course, the club said.