Melbourne veteran Nathan Jones has announced he will be stepping down as captain ahead of the 2020 season.

Jones - who has led the club since 2014 - told his teammates on Monday afternoon, suggesting it was the right time for him to move aside.

โ€œIโ€™ve had a lot of time to reflect since the season ended and always my number one priority has been my teammates and the club. This decision was no different,โ€ Jones told Melbourne Media.

โ€œAfter a couple of weeks away and just having time to reflect with my family, I came to the conclusion the right time is now for me to step aside in this capacity.โ€

Despite Jones giving up the title, he says he'll continue to lead on the field, and will give another player the chance to step up and lead the side.

โ€œThat was one of the things at the forefront of my mind, that we create opportunity for other guys to step up and lead,โ€ Jones said.

โ€œTitle or not, Iโ€™m going to continue to go about my business the same way I always have, with a view to strive to improve both as a leader and player for as long as I can.

โ€œOpening up that avenue for other guys to take responsibility and drive this club forward is important for the clubโ€™s future, so my decision was definitely influenced by the opportunity to help develop that.

โ€œIf I can help foster that and grow that, I think thatโ€™s the best thing I can do for the club.โ€

Jones co-captained the club with Jack Viney for the past three years.