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'Today is very bittersweet for me!' An emotional Rosie Perez breaks down in tears as she quits The View

Published: 12:30 EST, 8 July 2015 | Updated: 16:53 EST, 8 July 2015

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Rosies and The View just do not seem to stick.

Rosie Perez has followed Rosie O'Donnell's lead and left The View it was revealed Wednesday.

Staff were told of the 50-year-old co-host's declension late Tuesday in a memo from executive producer Bill Wolff but most fans found out from the star herself as she choked back tears on Wednesday's show.

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Goodbye: Rosie Perez got very emotional as she revealed she is leaving The View on Wednesday

This will be the second time Rosie has left the panel show and this time it seems for good.

The emotional host said on the ABC show: 'I've decided that it's time to move on. I would say that today is very bittersweet for me.'

Rosie - who has been absent from the show for the past two days - said that she does not have any regrets about being part of The View and is both 'sad to leave' but very excited about what her future holds.

Rosie Perez leaves The View with a tearful goodbye

In her own words: Staff including hosts (L-R) Whoopi Goldberg, Nicolle Wallace, Michelle Collins and Raven-Symone were told of the 50-year-old co-host's declension late Tuesday in a memo but most fans found out from the star herself as she choked back tears on Wednesday's show

Sad but excited: The emotional host said on the ABC show, 'I've decided that it's time to move on. I would say that today is very bittersweet for me'

Thanking her fans in Spanish and English she said: 'I do not have one regret coming to this show. I would do it all over again. And it's all because of you, the fans.'

The 50-year-old thanked those behind the 'iconic' program for the opportunity and the chance to be the first Latina woman on the panel.

'This has opened me up to a broader audience, and I will be forever grateful for that

No regrets: The star thanked all those behind the 'iconic' show for giving her the opportunity to reach so many people and represent the Latin community

'It's a huge honor to be first Latina on The View. What the hell took y'all so long?'

She also expressed her gratitude to the Latin community: 'Your support through this journey as a community has helped me through this year. It really has. And, I will never forget what you have done for me.'

The star also singled out other hosts Nicolle Wallace and Whoopi Goldberg for their friendship.

'I want to thank you for your friendship, Nicolle, and your intelligence and your wit and your sunshine.

More than co-workers: The star also singled out other hosts Nicolle Wallace and Whoopi Goldberg for their friendship

Kind words: She thanked Nicolle, who was also very emotional, for her intelligence, wit and sunshine

'Whoopi, I want to thank you for everything - your guidance, your professionalism and most of all your friendship. It's a dream sitting here with you and you're truly the captain of the ship.'

Both Whoopi and Nicolle were viably upset, with the 'captain of the ship' calling for an advert break to get herself together.

As Rosie finished, the audience gave her a standing ovation and chanted her name.

To the captain: The star said to Whoopi, 'I want to thank you for everything - your guidance, your professionalism and most of all your friendship. It's a dream sitting here with you and you're truly the captain of the ship'

Tough for all: Both Whoopi and Nicolle were viably upset, with the 'captain of the ship' calling for an advert break to get herself together

The 50-year-old said while she is leaving as a host - it is understood she will finish out the season in August 6 - she wants to stay friends.

The ESPN presenter said: 'I will be back as a friend of this show but it is just time to go.

'I look forward to finishing my run on Broadway in A Fish In The Dark and continuing acting. To the boxing world - I'm back!'

Worthy send off: As Rosie finished, the audience gave her a standing ovation and chanted her name

Delayed announcement: Reportedly on Wednesday Michelle was going to be elevated from guest to co-host but the announcement was pushed back so that Rosie could have her 'moment'

Perez is the second Rosie to jump from The View ship this year with Rosie O'Donnell leaving in February - the same time it was first rumoured Perez would be leaving as she went part time to appear on Broadway.

No replacement has been announced yet for her spot on the panel which currently also includes newcomers co-host Raven-Symone and guest co-host Michelle Collins.

According to Deadline, the show had planned to announce that Michelle would become a permanent host rather than just a guest one on Wednesday - which still leaves Rosie's spot free.

However, the site reports once producers saw the emotion created by the host's leaving it was decided it would be best to let Rosie 'have her moment'.