Josep Maria Bartomeu has resigned as Barcelona president along with his board of directors.
Bartomeu says it was a choice that he and his directors were happy to take despite claiming a day earlier that he had no such intention.
"The board and I are happy with the decision we have made," Bartomeu said at Tuesday's press conference.
Bartomeu's sudden change in attitude towards resigning came after the Catalan government gave the go ahead for the vote of no confidence.
"We only asked for legal coverage, the same as [the organisers of the vote of no confidence] requested from the Central Government."
Bartomeu claimed that the board's decision to bring the elections forward to March 2020 was in order to bring calm to a tough situation.
"We called the elections [to be held] in March to calm the environment. We had no reason to resign with elections scheduled for March and with work to be done. It is a responsibility that we could not avoid."
Among Bartomeu's main failings was the club's economic situation, which he now leaves in a dire state.
"We resigned without complying with the economic measures to reduce expenses and increase income. I hope that the process of adjusting the salaries of the players will be completed, if not, it will become a very serious situation."