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Official: Newcastle Confirm New Manager After Big-Money Takeover

Newcastle United have finally confirmed their new manager after getting new wealthy owners last month.

Read: Report: Conte Identifies First Six Signings After Joining Spurs

Eddie Howe officially takes over at the Magpies after signing a three-year deal with the Premier League outfit.

The 43-year-old has been without a club since leaving Bournemouth, where he kept the the club in the Premier League from 2015 to 2020.

"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," he told the club's official website.

"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."

Here is where Newcastle's new owners rank among the richest in the Premier League: 

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