Llambias resigns as Newcastle managing director

The Magpies chief was appointed by owner Mike Ashley in 2008 but has decided to leave St James' Park just days after the arrival of Joe Kinnear as the club's director of football
Newcastle United have confirmed that managing director Derek Llambias has resigned from his position with immediate effect.

12/1 Newcastle are 12/1 with Coral to be relegated
Llambias was brought to St James' Park by owner Mike Ashley in 2008 to replace former chairman Chris Mort but has opted to leave the north East club just days after the confirmation of Joe Kinnear's appointment as director of football on Tuesday.

Kinnear claimed Llambias had quit in a radio interview on Monday evening and his departure was verified early on Wednesday morning in a short statement on the Magpies' official club website.

"I have had an incredible journey during my five years at the club, including some challenging times," he said

"I will reflect with great fondness on my time in the North East and, in me, Newcastle United have a lifelong supporter.

"I want to thank the staff for their hard work, our fans for their support of the club, and wish them all well for the future."