|25/1||Newcastle United are 25/1 with Bet365 to secure a top-six finish in the Premier League this season|
The 67-year-old became Newcastle's director of football last June but failed to make a single permanent signing during his seven months at St James’ Park, with only Loic Remy and Luuk de Jong arriving on loan.
Yohan Cabaye was also sold to Paris Saint-Germain during the January transfer window without a replacement being brought in.
"I'm just sad to see anybody lose their job, as Joe has. He did a lot of good work here," Pardew said.
"But that decision was the board's decision and we have to now work towards getting us and our position in the league more secure.
"My job is actually the next game and that's what I'm focusing on."
No announcement has been made regarding a replacement for Kinnear, and Pardew is happy not to be involved in any of the decision making.
"That decision is the board's, but I have no problem with directors of football," he added.
"I'm old enough now to have been in a time when I was involved in the financial part of a transfer. But that part of it has gone from managers, and probably that's how it should be."