Manager Steve Bruce and Newcastle United have parted ways by mutual consent just 13 days after the Saudi Arabia-backed £305m takeover of the club was completed.
The 60-year-old took charge of his 1,000th match as a manager on Sunday when Newcastle lost 3-2 to Tottenham in his only game under the new management.
Graeme Jones will take interim charge of the ‘Magpies’ as the ownership has stated that the appointment of a new manager “will be announced in due course”.
Bruce is understood to have received around £8m after his contract was paid up in full.
Newcastle hasn’t won a single game after eight Premier League rounds and sits second from the bottom on the table.
Bruce was appointed Newcastle’s manager in July 2019 and achieved finishes of 13th and 12th in his two full seasons in charge.
“I am grateful to everyone connected with Newcastle United for the opportunity to manage this unique football club,” said Bruce.
“I would like to thank my coaching team, the players and the support staff in particular for all their hard work.”
“There have been highs and lows, but they have given everything even in difficult moments and should be proud of their efforts.”
“This is a club with incredible support and I hope the new owners can take it forward to where we all want it to be. I wish everyone the very best of luck for the rest of this season and beyond.”
Bruce has led Newcastle in 84 league games winning 27.4% of them which is the ninth-best among the previous managers who have been in charge of at least 20 Premier League matches.
The club’s next game will be at Crystal Palace on Saturday.
