Newcastle today confirmed Chris Mort has stepped down as chairman after a year in the hotseat.
He has been replaced, as expected, by his recently-appointed deputy Derek Llambias, who will have the new title of managing director.
Llambias said: “Since coming to work at Newcastle United, I have quickly begun to appreciate the passion people have for the football club.
“I firmly believe we have the right people with the right expertise, with Kevin Keegan back as manager and being fully supported by Mike Ashley and the directors, to take the club forward again.
“At the same time, I would like to pay tribute to all of the hard work done by Chris during his time at St James’ Park and wish him every success for the future.”