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On Allsopp's sale, Dearden questioned the 24 year old's decision to drop into Division Three, but wished the Aussie the best of luck.
"I'm disappointed to see Danny go to Division Three. I know Hull have been trying for the last four years to buy themselves out of it." Dearden told the clubs official website.
While on the four released players, Dearden admitted he had to let them go in order to bring fresh blood in for next season.
"Richard Liburd and Craig Ireland have done very well for me and Danny Stone and Richard Holmes haven't played many games this season."
"Richard Holmes has been unfortunate with injury, but to get new players in for next season meant I had to release these players really." Added Dearden.