After being named interim athletics director in June, George O’Leary has reportedly made the decision to become a full time athletic director and step down from head coach responsibilities at the end of this season, according to USA Today Sports.

According to reports, O’Leary expressed a strong interest in transitioning titles, approaching UCF President John Hitt and other UCF officials on the move, who are currently placing the process on hold as they consider the possibility.

A source with knowledge on the situation claimed offensive coordinator Brent Key would be promoted to head coach should O’Leary become full-time athletics director. Key began at UCF in 2005 as an assistant for UCF Athletics.

This is a breaking story, stay tuned for updates.