Newcastle’s new Saudi-led regime have appointed their first manager, with Eddie Howe having signed a two-and-a-half-year deal to take over at St James’ Park.
The 43-year-old had been out of a job since leaving Bournemouth following their relegation from the Premier League two seasons ago, but after talks progressed last week and he watched their draw at Brighton from the stands, Howe was officially confirmed in the post on Monday.
‘It is a great honour to become head coach of a club with the stature and history of Newcastle United. It is a very proud day for me and my family,’ Howe said.
‘This is a wonderful opportunity, but there is also a lot of work ahead of us and I am eager to get onto the training ground to start working with the players.
‘I would like to thank the club’s owners for this opportunity and thank the club’s supporters for the incredible welcome they have already given me. I am very excited to begin our journey together.’
Howe will be taking charge of the club with the world’s richest owners, Saudi Arabia’s Public Investment Fund thought to be worth more than £700billion. First, though, he faces a battle against relegation and there are still nine games to play before he will be able to strengthen his squad in the January transfer window.
His name did not have the backing of all members close to the new consortium when first floated four weeks ago, with Unai Emery becoming the clearly favoured candidate – but the Spaniard rejected an approach and has stayed on at Villarreal.