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LMA chief executive Richard Bevan added: "Roy is one of the most committed and dedicated managers in the game and without a doubt leaving Ipswich will be very disappointing for him.
In a statement on the LMA website, chief executive Richard Bevan said: "I am really very surprised that the club has made the decision to dispense with the services of such an outstanding football manager as Gus Poyet.
"We therefore find it entirely reprehensible that the LMA should itself put out a statement which seeks to dismiss deeply offensive racist comments as 'friendly banter'.
The LMA would not comment last night, having not had the chance to discuss the issue with Mancini, though the manages' body is privately hoping that the controversy and negativity created will help to prevent it happening again – and that City may tackle the issue internally.
He said: "It's never nice, being a member of the LMA [League Managers Associationn], to see one of my fellow managers lose his job.
Three-time LMA Manager of the Year, Moyes has a reputation for being a smart operator in the transfer market after regularly pushing Everton towards the Champions League spots on a shoestring budget.
"The LMA will not be commenting further on the allegations relating to Malky Mackay whilst the FA conducts its investigation, other than to repeat that both the LMA and Malky will be cooperating fully.
Moody has resigned from his position as sporting director at Crystal Palace and, as outlined in the LMA statement, Mackay has denied that all of the texts were sent from his phone.
Why would I give that up? 2. Thrift and hard work at Loftus Road go unrewarded by LMA Before coming up to Scotland I went to Monday's League Managers Association dinner.
The vulnerabilities were obvious, the 2014 LMA manager of the year award which must have sat as a reproach to his bosses for the course of last season, was no longer a bulwark against his sacking.
The LMA is aware that Mancini did publicly apologise for waving the imaginary red card at Skrtel.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com