The charismatic coach walked out on the bottom-placed club on Sunday, in the wake of the midweek decision by owner Clive Palmer and CEO Clive Mensink to suspend him for comments made following the announcement of 17-year-old debutant Mitch Cooper as skipper for Friday's clash with Melbourne Heart.

"I'll not be back," Bleiberg said according to the Herald Sun.

"Clive can take my job, but he took away my dignity. No one can take away my dignity.

"If Clive wanted to hurt me, he succeeded. If he didn't mean to hurt me, he made a mistake.

"According to him, he made the right decision to suspend me. From my point of view, it wasn't.

"I respect his decision, but there is no doubt in my mind that the punishment to suspend a coach for a thing like this, after all what we had gone through together, didn't fit the crime."

Bleiberg had been expected to return to the helm for the midweek clash with Central Coast, however assistant Mike Mulvey is likely to take charge.

The 57-year-old Israel-born coach had been Gold Coast's inaugural boss, guiding them to two finals campaigns in their first two seasons, before a difficult third term at the helm where the team currently sit last.

Palmer had previously said Bleiberg had been "spectacularly unsuccessful" at United this season, however the outgoing coach blamed the club's owner after an off-season which saw several key players such as Shane Smeltz and Jason Culina depart.

"If I spectacularly failed, the same applied to him," Bleiberg said.

"There are only three players left from the starting XI (last season): Glen Moss, Adam Traore and Michael Thwaite.

"Every team in the world that has to change eight players from a successful team from the previous year, it's more likely they will fail than they will succeed."